by Administrator | Dec 29, 2022 | Bare Acts Reviews, Taxation Laws
Tax is the main source of revenue of a country. India has various tax laws enumerating different types of tax and its mode of collection depending on various circumstances, terms and conditions. One of the greatest disadvantage in collection of tax is the pendency or...
by Administrator | Jul 25, 2021 | Bare Acts Reviews, Indirect Tax Laws, Taxation Laws
Every country has its own tax laws and policies that differ from one another. In India several categories of tax laws exist for different purposes. There are central, State and Union Territory tax laws are implemented on Goods and services supplies in India. In order...
by Administrator | Jul 21, 2021 | Bare Acts Reviews, Indirect Tax Laws, Taxation Laws
The economic growth of every country depends on the revenue collected through various modes by the government through proper legislation. In India taxes are levied on different goods and services throughout the states and Union territories. Though it is mandatory to...
by Administrator | Jul 14, 2021 | Bare Acts Reviews, Indirect Tax Laws, Taxation Laws
Different types of taxes are the main source of revenue of a country. In India, State and Central Government has wide power to levy tax on various services and goods that consolidates the economic growth in the revenue. Four main types of taxes in India are SGST where...
by Administrator | Dec 1, 2016 | Bare Acts Reviews, Law Reviews, Taxation Laws
The Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 (Act no. 46 of 1961) which was enacted by the Indian Parliament as an enactment of the Central Government, was provided with the object and purpose to make provisions to exempt to the persons who...
by Administrator | Jul 13, 2016 | Case Brief, Taxation Laws
To avail the benefit of exemption under section 10(23c) of the Income- Tax Act, Court held that the University must be ‘directly or substantially financed by the Government’ Civil Appeal Nos. 4361- 4366 of 2016 Bench: Justice Ranjan Gogoi; Justice Prafulla C. Pant...
