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What is section 47 of Income Tax Act?
Section 47 of the Income Tax Act, 1961 (India) specifies transactions that are not regarded as transfers for the purposes of capital gains tax. Under normal circumstances,...
Starting a startup is a thrilling journey, especially in India. Its vibrant ecosystem is full of entrepreneurial opportunities. However, to move from idea to execution, you need the right tools in your arsenal. Whether...
In the ever-evolving landscape of taxation, receiving a Goods and Services Tax (GST) notice can be both perplexing and daunting. However, taxpayers can navigate the situation with confidence if they understand these notices. This...
What is an Income Tax Notice?
Income tax notices are official communications from the Income Tax Department to a taxpayer, highlighting issues or actions related to their tax filings. Receiving such a notice doesn't always...
Navigating the complex world of startup financing can be one of the most challenging aspects for entrepreneurs. Understanding the various stages of startup funding is crucial for securing the right capital at the right...
In India's fast-changing startup scene, picking the right business structure is vital. Among various options, the Limited Liability Partnership (LLP) is now a popular choice. It is especially favored by small and medium-sized enterprises....
Tax harvesting is a strategic way to save on taxes by selling investments to either book gains or losses. The idea is to reduce your overall tax burden by carefully timing these transactions. You...
SME IPOs has seen massive growth in recent years. In FY2023-24, a record 196 SME IPOs raised over Rs 6,000 crore, with 159 IPOs raising more than Rs 5,700 crore by October 2024. However,...