The present article briefly covers the important provisions and recent changes relating to "TDS on Payment to Contractors", which is covered u/s 194C of the Income Tax Act 1961.
MSME new definition applicable w.e.f 01st July, 2020 notified by MSMED
ITR-1 for AY 2020-21 has now been made available on the e-filing portal. 3 Key additions have been made in ITR-1
Investing in the shares of foreign companies have different guidelines and norms. Here is the beginner's guide on how to invest in the shares of foreign companies.
The definition of MSMEs has now been revised by the government of India due to the outbreak of the COVID-19 pandemic. The investment and turnover limit has been enhanced.
In the wake of COVID-19, the Finance Minister made various relaxations in Income Tax for the taxpayers. Various extensions were given for statutory compliance.
The definition of MSMEs has been further revised. The definition for medium enterprises has been revised upwards to an investment of Rs 50 crore and a turnover of Rs 250 crore.
Wooden supply to Government Auction Department is supply as agent
COVID-19 Relief: Withdrawal from EPF - All you need to know
Know various Compliance requirements under Statutory Laws for the month of June
CAclubindia
