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 […]
Category: LLB 6th Sem Law of Taxation [Short Answers]
Osmania Univerisity 3YDC 6th SEM Law of Taxation
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. […]
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 […]
30. Works Contract
What is a Works Contract in Simple Terms? A Works Contract is essentially a mix of both goods and services bundled into one contract — […]
29. Double Taxation Relief/ Double Taxation
What is Double Taxation and Why Does it Matter? Double taxation simply means being taxed twice on the same income — once in the country […]
42. Persons Not Liable for Registration under GST
Under the Goods and Services Tax (GST) regime in India, registration is a critical compliance requirement for businesses. However, not every individual or entity supplying […]
20. Previous year
In the context of Indian taxation, the term ‘Previous Year’ holds critical importance. It refers to the financial year in which a taxpayer earns income […]
41. Income Tax Authorities
Income Tax Authorities in India: Roles, Powers, and Legal Backing In India, Income Tax Authorities are empowered officials under the Income Tax Act, 1961, responsible […]
40. Reverse Charge Under GST
Understanding Reverse Charge Mechanism (RCM) under GST: A Simple Guide The Reverse Charge Mechanism (RCM) under the Goods and Services Tax (GST) in India flips […]
28. Financial year and Assessment Year
Understanding the Basics: What is a Financial Year and Assessment Year? In simple words, the Financial Year (FY) is the year in which you earn […]