An individual’s personal traits, habits, thoughts, innuendoes and even fetishes have a direct link with society and the …
Supreme Court of India unwinds the provisions of Section 36(1)(iii) of the Income Tax Act
In a recent judgement in the case of Hero Cycles (P) Ltd vs Commissioner of Income-tax (Central) Ludhiana [(2015) 63 …
Levy of penalty in search cases
Introduction 1. In recent times it has been observed that a search and seizure operation invariably accompanies surrender of …
Is there a silent ‘Voluntary Disclosure Scheme’ for the black money stashed outside India ?
One of the key propaganda that the current Indian Government made in it’s manifesto was to bring back money stashed in Tax Havens …