Let me introduce you with TDS returns as we all are aware under Income tax act 1961, there are certain transactions & nature of expense on which there is a requirement of deduction of TDS (Tax Deducted at source) while making payment or crediting the party as the case may be.
As we all are aware the first step for computing tax liability of an assessee is determination of residential status which can be either Resident or Non-resident & according to which one can find the taxable income as it is important to declare residential status.
In this article, you will learn about all the transactions of which reporting is required under the Rule 114E
Event Date Act Applicable Form Obligation Tuesday, 7 May, 2024 Income Tax Challan No. ITNS-281 ..
As per the reports, Government is contemplating to bring changes in the Insolvency and Bankruptcy Code to address this crucial issue.
In this article, we delve into the statutory auditors' responsibilities concerning fraud in a company, emphasizing the importance of vigilance and adherence to regulatory mandates.
In the Goods and Services Tax (GST) system, whether a supply is classified as intra-state or inter-state depends on the locations of the supplier and the recipient. This classification determines whether integrated tax or a combination of central and state tax is paid.
NRIs often wonder if they can continue operating their PPF accounts while abroad. In this article, we'll explore this question, simplifying complications to provide a comprehensive understanding.
In this article, we try to explore the TDS rate and provision in summary mode.
Recently, numerous companies have been forced to shut down, resulting in widespread layoffs across the corporate world. These layoffs not only impact employees ..
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