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 […]
Category: LLB 6th Sem Law of Taxation [Long Answers]
Osmania Univerisity 3YDC 6th SEM Law of Taxation
4. What are the objectives and salient features of Income Tax Act 1961
The Income Tax Act, 1961, is one of the most vital legislations in India. It governs the rules and regulations for levy, collection, and administration […]
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 […]
1. Explain the method of calculation of gratuity and its treatment on retirement for Government and non Government employees under Income Tax Act.
Gratuity is one of the most valued retirement benefits offered to employees in India. It serves as a monetary expression of gratitude from the employer […]
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, […]