The process of examining the return of income by the Income Tax department is called “Assessment”. Let us discuss various assessments under the Income Tax Act. ..
So much movement in bitcoin prices and so many dollars of assets involved, everyone was taken aback by the crypto crash that took place on 19.05.21. So, let us comprehend this crash and the reasons behind this cryptocurrency mania.
Section 132(4) of the act has been put in place by the legislature consciously so as to enable the authorized officer to collect such evidence by recording statements during the course of the search.
In wake of the COVID-19 pandemic and in the interest of taxpayers, CBDT has extended time limits for various compliances. Same has been discussed in this article.
With CAclubindia, you can conquer the GST world in more ways than one. So, let us understand the Top 5 ways through which you can be GST Ready with CAclubindia...
A person who fails to file the TDS/TCS return has to pay late filing fees as provided under section 234E and apart from late filing fees he shall be liable to pay a penalty under section 271H.
E-Form CSR-1 is required to be filed pursuant to the provisions of section 135 of the Companies Act, 2013 and Rule 4(1) and (2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014.
The tax deduction is available under section 54EC of the Income Tax Act. 54EC does not allow any tax exemption on short-term capital gain tax.
CSR is a concept wherein, certain companies are required to spend 2% of their Net Profit towards creating a social impact. This includes promoting health care, education, ensuring environmental sustainability etc.
CMA training emphasizes on developing skill-sets to apply knowledge in various professional fields, gaining practical exposure in various organizational structures and developing employable and future-ready professionals.
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