Provisional Assessment under GST

Provisional assessment under GST(Section 60 of The CGST Act, 2017) If you are unable to determine your tax liability, the GST law has the option to pay tax on a provisional basis. This article explains the procedure of provisional tax assessment under GST and lists out various online application forms […]

GST Tax Assessment

Assessment under GST The article aims to highlight how tax assessment is carried under GST law. The law has very procedurally defined the steps and actions for assessee and GST officer. Assessment means the determination of tax liability under GST law and includes self-assessment, re-assessment, summary assessment, and best judgment […]

Clubbing of Income / Income tax on gifts

Although the Gift tax in India is abolished although certain provisions in Income Tax law makes gifts or income derived from gifts taxable. The below article explains the summary of related gift related provisions under the Income Tax Act. SECTION NATURE OF TRANSACTION TO BE CLUBBED IN THE HANDS OF CONDITIONS/EXCEPTIONS Section […]