IntroductionThe term "company" plays a central role in taxation under the Income Tax Act, 1961. Defined under Section 2(17), it provides clarity on the entities that qualify as companies for…
Section 115BBB of the Income Tax Act provides insights into the taxation of income derived from open-ended equity-oriented funds, such as those offered by the Unit Trust of India (UTI)…
The Indian Income Tax Act, 1961, contains various provisions designed to tackle tax evasion and unaccounted wealth. One such significant provision is Section 69A, which focuses on the taxation of…