Amit Sharma

Amit Sharma is the Content Editor at JurisHour. He has been writing about the Indian legal market. He has covered tax & company litigation stories from the Supreme Court, High Courts and Various Tribunals. Amit graduated from MLSU Law College with B.A.LL.B. and also holds an LL.M. from MLSU, Udaipur, Rajasthan. An Advocate in Taxation, and practised in Tribunals as well as Rajasthan High Court and pursued Masters in Constitutional Law. He started out small with little resources but a big plan to take tax legal education to the remotest locations across India and eventually to the world. His vision is to make tax related legal developments accessible to the masses.

ICAI Examines Private Equity Funding for Consultancy and Accounting Businesses, Audit Practices to Remain Ring-Fenced

The Institute of Chartered Accountants of India (ICAI) is examining whether private equity investment can be permitted in the non-audit businesses of accounting firms, subject to a clear separation between assurance and non-assurance practices.The proposal could enable accounting firms to raise external capital for...

Foreign Salary Remitted to NRE Account Can’t Be Treated as Unexplained Investment Merely on SFT Data: CIT(A) Deletes ₹1.33 Crore Addition

The Commissioner of Income Tax (Appeals), Delhi, has deleted an addition of ₹1.33 crore made against a non-resident taxpayer under Section 69 of the Income Tax Act, 1961, holding that foreign salary remitted through normal banking channels to an NRE account cannot be treated...
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Latest articles

ICAI Examines Private Equity Funding for Consultancy and Accounting Businesses, Audit Practices to Remain Ring-Fenced

The Institute of Chartered Accountants of India (ICAI) is examining whether private equity investment...

Foreign Salary Remitted to NRE Account Can’t Be Treated as Unexplained Investment Merely on SFT Data: CIT(A) Deletes ₹1.33 Crore Addition

The Commissioner of Income Tax (Appeals), Delhi, has deleted an addition of ₹1.33 crore...

Export Commission Paid to Foreign Agents for Services Outside India Not Liable to TDS: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that commission...

DGGI | Pre-Charge Evidence Can’t Be Recorded Without Summoning Accused in GST Complaint: Punjab & Haryana High Court

The Punjab and Haryana High Court has set aside three orders passed by a...