Retrospective Tax Applicability

Corporate Social Responsibility (CSR) expenses refer to the expenses that a company incurs to conduct activities that benefit society and the environment. These activities can include various activities, such as environmental sustainability programs, philanthropy, community engagement, and ethical business practices. …
Undisclosed income, also known as black money or unaccounted income, refers to income that has not been reported to the tax authorities. This typically means that the income has not been declared in the income tax return, and therefore, no…
In the world of businesses and finances, the most feared factor by any establishment is the occurrence of bad debts. Bad debts are those incomes which were supposed to be realised but those have eventually turned out to be non-collectible.…