Short Summary on Law of the United States
Short Summary on Law of the United States This article addresses Summary on United States law. The law of the US (United States) comprises many levels of codified and uncodified…
What is the rate of GST applicable on construction of commercial apartments like offices, shops, godowns etc. in a real estate project?||
What is the rate of GST applicable on construction of commercial apartments (work contract) in a real estate project? Work contract:-With effect from 01-04-2019, effective rate of GST, after deduction…
What is assessment under of section 143(1) of Income tax Act 1961? ||Scope of assessment under section 143(1)
Scope of assessment under section 143(1) Income Tax Assessment under section 143(1) of IT Act is like preliminary checking of the Income Tax Return. At this stage no detailed scrutiny…
Presumptive Taxation Scheme of section 44AD || F & Q on Presumptive Taxation Scheme of section 44AD
Presumptive Taxation Scheme of section 44AD Section 44AD:- Meaning of presumptive taxation scheme- As per sections 44AA of the Income tax Act, 1961, a person engaged in business or profession…
Bail In India ||Types Of Bail In India ||Basic Rules of grant or denial of bail may simply be summarized as per Crpc ||Anticipatory bail
Bail There is no definition of the term "bail" under the criminal procedure code though the terms "bailable" and "non-bailable" have been defined. In other word Bail, in law, means…
Relaxation in filing of annual returns (in GST 37 meeting)
Relaxation in filing of GST Return Relaxation in filing of annual returns for MSMEs for Financial Year- 2017-18 and Financial Year 2018-19 as under: a. waiver of the requirement of…
Taxation Laws (Amendment) Ordinance 2019 ||Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies
Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs The Government has brought in the Taxation Laws (Amendment) Ordinance…
Article on Tax audit ||Objective of tax audit ||Tax audit applicability (As per section 44AB) || If a person/taxpayer is required by or under any other law to get his accounts audited|| Forms for tax audit|| Late fees/penalty
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 under different laws…
Contempt of Court|| The Contempt power given to court and its maintainability || Case Study related to Contempt of Court
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…
Article “INCOME FROM HOUSE PROPERTY” ||Rental income from sub-letting||Composite rent
INCOME FROM HOUSE PROPERTY Income From House Property:- Taxable Income under the head “house property” Rental income from a property being land or building appurtenant there to of which the…
