Place of Effective Management

As per the Income-tax Act, 1961 (hereinafter referred to as “the Act”), global income of the person resident in India is chargeable to tax in India…

Thin Capitalization Rules

Thin Capitalization Rules – Limitation on Interest deduction in certain Cases – Section 94B…

Union Budget-2021

Rate of tax has not been changed compared to last year. The tax rate is as follows…

Covid Impact on Automobile Sector

The outbreak of COVID-19 has pushed the global economy and humanity into disaster. In the plan to control this pandemic, the governments…