Article on Tax audit Tax audit Meaning The dictionary meaning of the term “audit” is check, review, inspection, examination etc. There are various types of audits prescribed u... Read more
Meaning of Contempt of court Contempt of court- Contempt of court is the offence of being disobedient to or disrespectful towards a court of law. These acts might include failure to comply w... Read more
498A Indian Penal Code:- Husband or relative of husband of a woman subjecting her to cruelty Husband or relative of the husband of a woman subjecting her to cruelty.—Whoever, being the husba... Read more
What is limited scrutiny in Income Tax? In case of Income Tax assessment two types of cases have been selected for scrutiny ‘Limited Scrutiny‘ ‘Complete Scrutiny’.... Read more
Case of Govind Enterprises Vs State of UP reported in 2019-TIOL-1170-HCALL-GST Facts: Petitioner seeks quashing of first information report (FIR) dated 30.11.2018 lodged by Assistant Commiss... Read more
Important details are required for file the GSTR-9:- Form GSTR-9 is the GST Annual return that has to be filed under the GST laws every year. the flowing important details are required f... Read more
Ineligible ITC under GST Notwithstanding anything contained in sub-section (1) of section 16 and subsection (1) of section 18, input tax credit shall not be available in respect of the follo... Read more
Eligible Business under section 44AD The presumptive taxation scheme of section 44AD of income tax Act 1961 can be adopted by following persons: Resident Individual Resident Hindu Und... Read more
What is pre-construction period? While computing income chargeable to tax under the head “Income from house property” in case of a let-out property, the taxpayer can claim deduct... Read more
Right and liabilities of buyer and seller in Immovable property Section 55 of transfer of property act 1882 describes right and liabilities of buyer and seller. In any property transaction,... Read more
