Category: Taxation

Taxation of Virtual Assets

INTRODUCTION A virtual asset is a digitalized representation of an item that has a proper value in a particular environment, for example, Bitcoin, Litecoin, or Dogecoin. In virtual assets, the...

Income Tax Deduction from salaries: Government & Private Employees

INTRODUCTION Since before the arrival of the first colonists, income taxes have been a common idea. It is regarded as a tax that a citizen pays to the state, based...

The Taxation Laws (Amendment) Bill, 2021

Introduction The Taxation Laws (Amendment) Bill 2021 was presented after India lost retrospective tax demand proceedings against Cairn Energy Plc. and Vodafone. The Taxation Laws (Amendment) Bill, 2021, was introduced...

Determining Residential status of an Assessee

This article is written by Kalyani Gupta, a Master’s in Law student from Amity University, Noida. This article discusses meaning and rules for determining the residential status of an assessee....

Issues Involved with Taxpayer Rights

This is authored by Janaki Nair a 3rd year B. A. LLB student in Symbiosis Law School Pune. The following article deals with the system of taxation in India and...

Consequences and Evidence of Tax Evasion

This article is written by Aanchal Rawat, a 2nd year student of R N Patel Ipcowala School of Law and Justice. INTRODUCTION “Only 5.78 Crore individual taxpayers filed income tax...

Importance of Taxation

This article has been written by Khan Mahenoor pursuing law from Rizvi Law college. The pictorial image has been taken from Forbes What is Tax?  A Tax is a compulsory...

Exemption from Income Tax: Agriculture

This article has been written by Navneet Chandra and gives basic information about whether to pay the taxes for there agricultural income or not. Agricultural Income under Income Tax Agriculture...

Taxation for NGO’s

This article is written by Bhavna Arul, a fourth-year law student from Symbiosis Law School. INTRODUCTION Non-Government Organizations are formed with the intention of solving socio-economic issues in a country. ...

Structural Reform in Taxation Regime in India on the Cross Border Taxation Issues

This article is written by Shreya Shanu, a student of Sardar Patel Subharti Institute of Law, Meerut. INTRODUCTION In this era of world a “global village,” even small firms must...