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Section 194H of the Income Tax Act governs the taxation of commission or brokerage. According to this section, any person responsible for paying to any income by way of commission or brokerage shall deduct tax at source of such income.
A project report for a bank loan is a document that outlines the details of a proposed project, including the project's goals, financial projections, and the collateral being offered to secure the loan.
Income Tax Return is a form that individuals and businesses are required to file with the Income Tax Department. The purpose of ITR is to report the income earned during a financial year and pay taxes on it.
A partnership deed is a legal document that outlines the terms and conditions of a partnership between two or more individuals or organizations.
An income tax calculator is an online tool that is designed to estimate tax liability for a given tax year. It takes into account factors such as income, deductions, credits, and exemptions to determine how much tax an individual or business owes.
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