There is a lot of confusion amongst people regarding whether to opt for QRMP or to continue with monthly returns. In this article, we will discuss the pros and cons of the scheme and whether you should opt for it or not.
Discussing how taxpayers can distribute their income in case of agricultural income and non-agricultural income according to Rules 7, 7A, 7B and 8 of the Income Tax Rules, 1962.
Under Section 196C, any income arising by way of interest, dividend, or long term capital gains from foreign currency bonds or GDRs is liable for TDS @ 10%.
The exemption u/s 54B is available only if capital gain arises on transfer of land used for agricultural purpose is utilized for purchasing another land which will be utilized for the purpose of agriculture.
In this editorial, the author shall try to cover all such amendments along with the impact of the same on the Corporates.
In order to view or download public documents, one needs to access the MCA portal service. In this article, we discuss the steps and procedure to view public documents on the MCA Portal.
Discussing the meaning, rate of TDS, nature of payment etc. of Section 196B which deals with TDS on long term capital gains (LTCG) from units referred to in section 115AB.
Be it your CA, CS, CMA or any professional exam; students feel stress and a high level of anxiety. In this article, we will discuss how you can come out of the failure of the CA/CS/CMA exams.
Haryana has notified a law for reserving 75% of new jobs in the private sector for domiciles of the state i.e. candidates who were either born in Haryana or have been living in Haryana for at least 15 years.
Discussing the meaning, rate of TDS, nature of payment and threshold limit etc. of Section 195 of the Income Tax Act - TDS on Non-Resident Payments.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
