Article 265 of the Constitution of India lays down a fundamental principle of taxation in the country. It states: “No tax shall be levied or […]
Author: Durga Medida
7. GST
Goods and Services Tax (GST) is a comprehensive, destination-based indirect tax levied on the supply of goods and services in India. Introduced on 1st July […]
6. Carry forward of business losses
Under Indian Income Tax Laws, a taxpayer is allowed to carry forward business losses to set them off against future income, thereby reducing their tax […]
5. Capital gains
Capital gains refer to the profit or gain that arises when a capital asset is transferred by an assessee. Under Indian tax laws, such gains […]
4. Profit in lieu of salary
Profit in lieu of salary refers to any amount received by an employee from an employer or a third party, in addition to or in […]
3. Concept of tax
Tax is a mandatory financial charge or levy imposed by the Government on individuals, businesses, or other entities to generate revenue for public expenditure. In […]
2. Advance Tax
Advance Tax is a system under Indian taxation wherein taxpayers are required to pay their income tax liability in installments during the financial year itself, […]
1. Total Income
In India, the concept of “Total Income” is at the heart of the Income Tax Act, 1961. It forms the basis on which an individual, […]
5.A” is studying 5th class in the Hyderabad city has involved in a cyber crime with Explain the law to deal the case
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered to Support Case Proceedings and Judgements a. Indian Penal Code (IPC), […]
2. Uninvited emails are always unwanted. They must have a provision to subscribe. Many countries have enacted laws against such unsolicited or uninvited mails known as Anti Spam Laws. Does the Information Technology Act takes care of such a problem? Discuss
1. Facts of the Case In the digital era, emails have become a primary mode of communication for individuals and businesses. However, this advancement has […]