The residential status of an individual is a crucial factor in determining their tax liability under Indian Income Tax Law. It determines the scope of […]
Tag: IT Act
8. Article 265 of the Indian Constitution
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 […]
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, […]
23. ‘DIPCART” an E-commerce firm situated in Bangalore deals with consumer goods like mobile phones and other digital products. Basing upon the advertisement given by the ‘DICART n the internet, a number of people purchased mobile phones from the E-commerce firm. One Mr. X from Hyderabad received a defective mobile phone from the same lodge a complaint in consumer forum. Discuss whether Hyderabad District Consumer Forum has jurisdiction to entertain the complaint.
1. Facts of the Case ‘DIPCART’ is an e-commerce company based in Bangalore, Karnataka, dealing in digital products, including mobile phones, tablets, and accessories. The […]