Understand GST implications on salvage value in motor insurance claims. Learn when insurers pay GST on wrecked vehicles and when they don't.
Explore India's Direct Tax Code (DTC): understand its key features, the challenges faced during implementation, and the criticisms it has drawn. Learn about tax reform.
Discover if trading life insurance policies is allowed. Understand the legal standing and court decisions regarding the assignment and transfer of life insurance.
Understand why Input Tax Credit (ITC) isn't reversed for the portion of LIC premiums excluded from taxable value under Rule 32(4). Learn about life insurance taxability.
Explore the fascinating evolution of taxation in India, from ancient texts to the modern GST system. Discover key historical changes and their impact.
Discover who needs to file an Income Tax Audit Report by September 30th. Learn about turnover thresholds for businesses and professionals to avoid penalties.
Discover the new e-DRS scheme for resolving income tax disputes. Learn about its online platform, eligibility, and how to apply for faster, cost-effective resolution.
Understand how fixed and variable lease rent payments are calculated for lease liability. Learn what's included and excluded under Ind AS 116.
Stay compliant in September 2024! Discover key deadlines for Income Tax, GST, MCA, PF, ESI, and Professional Tax. Avoid penalties and ensure smooth operations.
This article aims to shed light on this issue, analyzing relevant case laws and providing a comprehensive understanding of the prevailing legal position.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English