Author: LEGALLANDS LLP

POSTS BY : LEGALLANDS LLP
Reduction in Corporate Tax Rates for both Domestic and Manufacturing Companies
Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs. The Government has brought in the Taxation Laws (Amendment) Ordinance [...]
Read More
GST on Transfer of Development Rights (TDR) or Floor Space Index (FSI) on Reverse Charge…
As per new provisions, where land owner has transferred development rights on or after 01st April 2019 to a builder for construction of a project, the land owner is relieved [...]
Read More
Rectify the Errors and Unclaimed ITC for Previous Year 2018-19
Wonder when to rectify the Errors and Unclaimed Credits for Previous Year 2018-19? Here is the solution for all your queries, an individual having GSTIN and couldn’t claim his ITC [...]
Read More
BANK GUARANTEE EXEMPTION UNDER ADVANCE AUTHORIZATION, DFIA AND EPCG SCHEMES-CUSTOM CIRCULAR NO. 31/2019 DATED 13.09.2019
Customs Department extending the exemption for execution of Bank Guarantee (BG) based upon the export turnover, quantum of duty, tax paid, etc. vide earlier circular No. 58/2004-Cus dated 21.10.2004 as [...]
Read More
EASTERN ECONOMIC FORUM-VLADIVASTOK 04-06 SEPTEMBER, 2019: INDIA AND RUSSIA LIKELY TO INK 25 PACTS
The relationship between India and Russia has a long history of partnership that dates back to the time of independence era. The strategic alliance has helped boost the trade & [...]
Read More
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
With the introduction of Goods and Service Tax (GST) in the year 2017, many central as well as state indirect taxes were subsumed in GST. Simply stating that at central [...]
Read More
Beginning of Much Needed Reforms in Labour Laws of India
India is home to atleast 40 central labour laws and numerous state labour laws regulating the very relationship between an employer and employee; and also arching over other supplementary aspects [...]
Read More
BUYING IMMOVABLE PROPERTY? TAX AUTHORITIES ARE WATCHING YOU….
Owning a house in India has a sentimental value in addition to the financial value. So, amidst the sentimental gush of being an owner of a house do not forget [...]
Read More
GAINS ON EQUITY INVESTMENT NOW TAXABLE
Before 1st April 2018 Long term Capital Gains on Equity investment were exempt from tax under section 10(38). However this would be the first year (F.Y 2018-19) where the Long [...]
Read More
SOCIAL MEDIA UNDER SCRUTINY OF TAXMAN
Who would have ever thought that posting pictures of foreign travels, 5-star hotels, luxury cars or lavish events on social media may land you a notice from the Tax Authorities? [...]
Read More
 

Disclaimer

 

As per the rules of the Bar Council of India, we are not permitted to solicit work and advertise. By clicking “I agree” below, you acknowledge the following:

 

  • There has been no advertisement, personal communication, solicitation, invitation or inducement of any sort whatsoever from us or any of our members to solicit any work through this website;

  • The user wishes to gain more information about us for his/her own information and use;

  • The information about us is provided to the user only on his/her specific request and any information obtained or materials downloaded from this website is completely at the user’s volition and any transmission, receipt or use of this site would not create any lawyer-client relationship.

The information provided under this website is solely available at your request for informational purposes only, should not be interpreted as soliciting or advertisement. We are not liable for any consequence of any action taken by the user relying on material/information provided under this website. In cases where the user has any legal issues, he/she in all cases must seek independent legal advice.