Startups
The Startup India Scheme and Section 80-IAC Tax Exemption
The entrepreneurial spirit in India is flourishing like never before. With innovation and ambition at its core, the government has launched initiatives to empower...
Income Tax
SECTION 47: CERTAIN TRANSACTION NOT REGARDED AS TRANSFER (EXEMPT TRANSFER)
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...
Latest Articles
Income Tax
CAN THE CASE BE REOPENED AFTER THREE YEARS ON THE BASIS OF INFORMATION OF SALE TRANSACTION OF A LAND AMOUNTING TO RS.90 LAKHS WHICH...
To address this issue, let us first understand an interplay of Sec 148,148A and 149(1)(b) and the relevant extracts are re-produced below:
Section 148 of...
Top News
Interim Budget 2024-25: Attracting the Masses with Populist Schemes as Modi Eyes Re-election
Crafting an interim budget with elections in sight, FM Nirmala Sitharaman unleashed a slew of populist measures. As PM Modi seeks renewal, the government...
Top News
Section 43B: What’s New and Why It Matters & Impact on MSME Payments.
To promote timely payments to micro and small enterprises, payments made to such enterprises have been included within the ambit of section 43B of...
Finance
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...
Top News
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,...
General
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...
Startups
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...
Income Tax
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...
LATEST NEWS
"Ready to share your unique voice through blogging?"
Write an Article
+91 97234 00220
support@counselvise.com