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Tax


GAAR : An in depth report

The introduction of General Anti Avoidance Rules (or GAAR), first proposed as part of the Direct Tax Code, in the union budget of 2012 is one of the most significant …

TDS : Tax Deduction at Source- A Basic Guide

While running a business, there are both collection and disbursements of incomes involved. While tax is payable on the collections at the end of the year , reduced by advance …

Service tax on Restaurants : Debunking Myths

  There has been an interesting anecdote , about restaurants, service tax and something akin to robbery that is doing rounds of internet-ville  at the moment.  In our opinion the …