Introduction Understanding how tax liability is determined under the Indian Income Tax Act is crucial for every taxpayer, especially those with global income sources or […]
Author: Raghu Unnam
17. Who can be the member of the Appellate Tribunal ?
Who Can Be a Member of the Appellate Tribunal? – Explained Under Indian Income Tax Law In India’s complex taxation system, disputes between taxpayers and […]
14. Explain the distinguishing features of “Capital receipt” and “Revenue receipt”
Understanding the Distinction Between Capital Receipts and Revenue Receipts under Indian Income Tax Law When it comes to taxation and accounting, distinguishing between capital receipts […]
13. Discuss the scope of Tax Laws and the constitutional provisions relating to Tax
Scope of Tax Laws and Constitutional Provisions Related to Taxation in India In a growing economy like India, taxes form the backbone of government revenue. […]
11. Define Allowances? How many kinds of allowances are there? Provide and explain Allowances fully taxable under IT Act ?
Allowances under Income Tax Act: Meaning, Types, and Fully Taxable Allowances Explained If you’re a salaried individual in India, chances are that your monthly pay […]
9. Write a note on Administrative officers under IGST Act? What are their powers ?
Administrative Officers under the IGST Act, 2017: Powers and Functions Explained The Integrated Goods and Services Tax (IGST) Act, 2017 forms a core pillar of […]
7. When and to what extent Capital Gains are exempted from Tax under Income Tax Act
Capital Gains Tax Exemptions under the Income Tax Act: When and How Much is Exempt? Capital gains taxation in India is a critical component of […]
5. Explain the term Dealer and Total Turnover” under VAT Act 2005
Understanding “Dealer” and “Total Turnover” under VAT Act, 2005: A Comprehensive Guide Taxation in India has gone through several structural changes over the past two […]
3. Give the history and development of Income-tax law in India
History and Development of Income Tax Law in India: A Detailed Overview The Income Tax system in India forms the financial backbone of the nation’s […]
2. Define “Perquisite”” and give a detailed account of perquisites exempt from Income Tax
Understanding Perquisites and Their Exemptions under Income Tax Laws (India) In the ever-evolving landscape of income tax laws, the term “Perquisite” plays a significant role, […]