Evasion is not the same as tax planning. If a manufacturer does not show his production in the register and thereby avoids tax, it is evasion, pure and simple Read more »
Private universities can claim income-tax exemption only on two conditions: Firstly, an educational institution or a university must be solely for the purpose of education and without any profit motive. Secondly, it... Read more »
Here are a few things we already know about student loans:
US borrowers owe over $1.2 trillion in student loans
Over 43... Read more »
The concept of substantial ownership and effective control is inherent in aviation law globally Read more »
E-com companies will incur huge expenditures to tweak their IT systems to deal with entry tax in various states Read more »
Tax certainty is a significant concern for FIIs, especially in the case of mutual fund FIIs that have a wide investor-base Read more »
Circle rates are not a true measure to determine the actual market value of a property, the Supreme Court stated while dismissing the appeal case, E-City Entertainment vs State of Uttar Pradesh Read more »
The power regulator and the sector can learn from a 5-year legal battle and an order by the Appellate Tribunal for Electricity Read more »
Madras HC on tax havens and non-cooperative jurisdictions Read more »
In the survey, respondents said there was a need to improve the information technology infrastructure to improve reporting. Forty-eight per cent of the Indian respondents identified data consistency as a top challenge Read more »