Chandrayaan 3 ISRO MISSION
Aug. 25, 2023
Cost Effective Launch
Can Excise Department Levy Penalty on Director for Company's Procedural Lapse i…
Aug. 22, 2023
Schurter Electronis paid the required duty but missed getting DTA clearance permission. For this, the Excise Department imposed a ₹1 lac penalty on its director under Rule 26. Was the department's decision justified? The Tribunal, however, ruled against this penalty.
Do You Make These Mistakes While Fighting Against Section 234E Demands?
Aug. 22, 2023
Navigating Section 234E demands can be tricky, and even seasoned professionals can slip up. From misunderstanding official documents to mishandling multiple intimations, these mistakes can be costly. Equip yourself with the knowledge to avoid these pitfalls and ensure a smoother tax filing experience.
Your Guide to Mastering Taxes on Share Sales in India!
Jul. 24, 2023
Whether you're a resident or a non-resident, selling shares in India comes with tax implications. Understanding the difference between short-term and long-term capital gains, the impact of Securities Transaction Tax (STT), and the benefits of the Grandfathering clause can help you navigate your tax liabilities effectively. Remember, your tax obligations vary based on the type of shares (listed or unlisted), the duration of holding, and your residen…
Missed AADHAAR-PAN Linking Deadline? Brace for a Rs6000 Penalty Instead of Rs10…
Jul. 07, 2023
The deadline for linking AADHAAR with PAN was June 30, 2023. If you missed it, you're in for a surprise. The penalty isn't just Rs1000 anymore. As per the new rules, you could be slapped with a Rs6000 fine. This change has left many taxpayers in a tizzy, questioning the sudden hike in penalty.
Unraveling the Nuances of Section 234C Interest on Returned Income
Jul. 06, 2023
A recent ruling clarified the application of interest under section 234C of the Income Tax Act, 1961. The tribunal determined that the interest should be levied on returned income, not on the assessed income. This decision provides substantial relief for taxpayers and sets a crucial precedent for similar cases in the future.
The Secret to Successful Investing: Good vs Bad Stocks
Jul. 05, 2023
Investing isn't just about picking good stocks, it's also about avoiding the bad ones. It's easier to identify bad stocks than to choose between good ones. Even one or two strong negatives can be enough to rule out a company. By eliminating bad stocks, you're left with a pool of potentially good investments.
How fraudsters cheat you millions using Pump and Dump Scheme?
Jul. 05, 2023
Fraudsters, patiently, strategically, win investors' confidence, back stab them and run away with their money.
You won't become a victim of fraudulent pump and dump schemes. You'll save your…
Jul. 04, 2023
"Pump and dump" schemes are a type of stock fraud that involve artificially inflating the price of an owned stock through false and misleading positive statements, so the cheaply purchased stock can be sold at a higher price. Once the operators of the scheme "dump" their overvalued shares, the price falls and investors lose their money.
Registrar of societies do not hand over society's originally signed memorandum …
Jul. 04, 2023
If the society requires the originally signed documents for any specific purposes, such as opening a bank account or entering certain agreements, they may need to plan with the Registrar's office to get authenticated or attested copies of the original documents.