Kumar Mc

Since the dawn of time, stories have captured the human imagination, making us empathize with characters we’ve never met. In recent years, even brands have turned to storytelling to enthrall the...

In the last few years, we’ve observed the emergence of people making videos related to education, fitness, tips/ideas/classes related to business, reviews of movies,books, gadgets etc and upload it on...

Founded in 2011, Cigar Conexion is the exclusive importer and distributor of finest hand made and machine made cigars in India, Head Quartered in Bangalore, we provide an unmatched range of premium...

Description1. Payment of commission or brokerage liable for TDS under section 194HSection 194H provides for deduction of tax at source from any income by way of commission or brokerage to a resident...

As per section 182 of the Indian Contract Act, 1872, an "agent" is a person employed to do any act for another or to represent another in dealings with the third person. The person for whom such act...

Income tax is applicable for people who make their ends meet through their pension. A pension is a regular payment made by the state to people of or above the official retirement age and to some...

1. PrologueCorporate Restructuring through amalgamation, arrangement, mergers, acquisition and takeover has become vital to corporate strategy to day. To attain accelerated growth, corporate in India...

1. IntroductionSeamless flow of input tax credit was the core purpose of the GST law after subsuming all the indirect taxes. Here, the admissibility of credit on motor vehicles has emerged as the...

The income tax return (ITR) forms for FY 2018-19 notified by the government are different from those used to file the previous year's returns, keeping the changes in income tax laws made in Budget...

What is form 15G?Form 15G or 15H has to be submitted by fixed deposit holders at the start of a financial year to the relevant financial entity like a bank. This is done to avoid on the interest...

What Is Section 194N?Section 194N is applicable in case of cash withdrawals of more than Rs 1 crore during a financial year. This section will apply to all the sum of money or an aggregate of sums...

1. Introduction:Section 50B of Income Tax Act, 1961 (for short ‘the Act’) deals with the capital gains in the case of Slump sale.2. Bennett Coleman & Co.case in brief:Recently, in Bennett Coleman...

Description1. BackgroundThe assesee is running a shop where it sale and serve sweetmeats, namkeens, cold drinks and other edible items and also restaurant. The dilemma here is related to...

The Government has notified the effective date of implementation of TCS provisions in GST returns w.e.f. 1.10.2018 (unless extended). This requires E-commerce operators like Amazon, Flipkart, etc. to...

The learned author takes up for discussion a very recent Tribunal decision in which the assesse had made reimbursement of expenditure to a certain party, which the assessing officer treated as payment...