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Income Tax Appellate Tribunal under Taxation Law ...

GENERAL In tax adjudication, the Income Tax Appellate Tribunal (ITAT) is the second appellate authority established under the Income-Tax Act, 1961. The Central Board of Direct Tax has no control over it. The Income Tax Appellate Tribunal is a part of the Ministry of Finance of Central Government but control over it is exercised by […]

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Goods and Services Tax Law ...

Overview: India being a federal State, there is division of powers between centre and state. To fulfil their duties they collect resources by applying tax differently. So there is multiple tax system in our nation. But multiple tax system has created a lot of burden on consumers and made everything complicated. To make tax procedure […]

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Where Does India Stand on Foreign Direct Investment?
Where Does India Stand on Foreign Direct Investment? ...

Overview: The advent of globalization manifested the ushering of Foreign Direct Investment (FDI) inflows during the past decade in developing countries, particularly in the Asian continent. Foreign direct investment (FDI) refers to “an investment made by a company or individual in one country in business interests in another country, in the form of either establishing […]

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