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Deduction on purchase of an Electronic Vehicle

Section 80EEB: Deduction on purchase of an Electronic Vehicle

In the Union Budget of 2019, the government announced an offer to buy an electric car. In a budget speech, the finance minister…
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Exemption for ITR filing for senior citizen

Senior Citizen – Exempt From Filing ITR

  The Income-Tax Act, of 1961 does not provide for the exemption of a senior citizen or a very senior citizen from completing…
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Taxability of Joint Development Agreement

Income Tax Implications where Contract (JDA) is not registered

The Joint Development Agreement (‘JDA’) is the most common and most popular method of arrangement to construct buildings in our country. It is…
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compliance after gst registration

Post GST Registration Compliance

The implementation of the new GST tax system has resulted in significant tax reform in the country. The new system combines several state…
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