Global Minimum Tax: Challenges arising from digitalisation: Release of Amount B report to simplify transfer pricing rules and conforming changes to the Commentary of the OECD Model Tax Convention
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013, engaged in the business of loans and advances, acquisition of shares/ stocks/ bonds/ debentures/ securities issued by Government or local authority or other marketable securities
The responsibility to collect Tax Collected at Source lies with certain specified persons or entities as mandated by the Income Tax Act. These entities collect tax from the payee at the time of sale or provision of certain goods or services.
Mukesh Harilal Mehta Vs ITO 16(3)(1) (ITAT Mumbai) Appeal Number : ITA No. 2256/MUM/2023
Section 43B (h) of Income Tax Act, 1961
As a Chartered Accountant (CA), effective communication is critical to success. Whether you're presenting financial reports, leading a team, or networking with clients, speaking confidently and persuasively is essential. Joining a Toastmasters club can help you improve your public speaking skills.
In this article, we'll explore the concept of the Form 33 clearance certificate, its eligibility criteria, documentation process, and benefits in property transactions.
The introduction of Section 43B(h) in the Income Tax Act, 1961, signifies a move towards responsible business practices, similar to celebrating Holi with not only colours but with care and consideration for others.
This article simplifies these requirements, covering property, stocks, ESOPs, and shares held abroad. Understanding what needs to be disclosed in the income tax returns and the consequences of non-compliance can help avoid legal and financial penalties.
In the dynamic landscape of business, Small and Medium Enterprises (SMEs) grapple with a myriad of obstacles. Ranging from intense competition to shifting consumer preferences and technological advancements, SMEs encounter challenges in sustaining growth and securing long-term success.
CAclubindia
