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“GST’s Role in Business Income Taxation: A Complete Guide”

Introduction The Goods and Services Tax (GST) is a significant reform in indirect taxation in India. While GST governs the taxation of goods and services, it has a substantial impact on the computation and taxation of income under the

“What Happens If You Skip a Tax Audit Under Complete Section 44AB?”

Introduction Section 44AB of the Income Tax Act, 1961 mandates a tax audit for businesses and professionals who meet specific turnover or gross receipt thresholds. This provision ensures accurate financial reporting and compliance with tax regulations. Non-compliance with Section

Complete “Penalties and Risks of Non-Compliance with Section 44AB”

Introduction Under Section 44AB of the Income Tax Act, 1961, certain businesses and professionals are required to conduct a tax audit. The purpose of this audit is to ensure accuracy in financial reporting and compliance with tax laws. Failing

“Tax Complete Guide for Non-Speculative Income from Derivatives”

Introduction Derivatives trading has become a common form of investment, but its taxation often raises questions for traders. Under Section 43(5) of the Income Tax Act, 1961, derivatives transactions executed on recognized stock exchanges are classified as non-speculative transactions,

Tag: tax audit

“GST’s Role in Business Income Taxation: A Complete Guide”

“What Happens If You Skip a Tax Audit Under Complete Section 44AB?”

Complete “Penalties and Risks of Non-Compliance with Section 44AB”

“Tax Complete Guide for Non-Speculative Income from Derivatives”

Explore

Contact

Tag: tax audit

“GST’s Role in Business Income Taxation: A Complete Guide”

“What Happens If You Skip a Tax Audit Under Complete Section 44AB?”

Complete “Penalties and Risks of Non-Compliance with Section 44AB”

“Tax Complete Guide for Non-Speculative Income from Derivatives”

Explore

Contact

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