Taxation on Online Gaming in India

Understanding the taxation of online gaming in India has become increasingly important as the industry has grown rapidly, transforming from a niche hobby into...

Understanding Zero Rated Supply and Refund Process Under GST

Governments try to boost the economy, improve the balance of payments, and increase jobs. For this, the government tries to increase its exports by...

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A Brief Insight into the procedure of Initial Public Offering (IPO) in India.

With the current rainfall of IPOs by the companies in the Indian markets during current month or rather from last quarter, it will not...

Why Trademarks are important in today’s business world?

In today’s modern world, consumers are inundated and continuously exposed to trademarks in everyday life. Consider the terms Band-aid, Jacuzzi, Super-glue, Pampers, and Chapstick,...

PAM,TAM,SAM,SOM- Tools of Market Size Analysis

Definition PAM, TAM, SAM and SOM are acronyms that represents different subsets of a market. PAM or Potential Addressable Market includes people not currently included in...

Guidelines for Assistance to Incubators under Startup India Seed Fund Scheme

The following are the guidelines for assistance to incubators under the Startup India Seed Fund Scheme Experts Advisory Committee (EAC) shall evaluate incubators for grant...

AO not permitted to invoke the provisions of section 56(2)(vii)(b)(ii) in the absence of sub clause (ii) in the Act as on the date...

Parinda Borda vs. ITO Where the assessee had entered into agreement to sale cum possession of immovable property and paid substantial consideration prior to...

E-Rupi Digital Payment Platform- First step towards adoption of digital currency in India

Introduction On 2 August 2021, PM Narendra Modi launched a digital payment platform called e-RUPI Digital Platform. National Payments Corporation of India (NPCI) in association with...

A brief insight into the framework issued by SEBI for Operation of Gold Exchange in India

A brief insight into the framework issued by SEBI for Operation of Gold Exchange in India

No Income Tax Return required to be furnished u/s 139(1) by specified persons: CBDT

CBDT vide Notification No.119/2021/F. No. 225/76/2021-ITA.II. dated 11 October,2021 exempts the following class of persons subject ...

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