Section 206AA has been inserted to provide that any person whose receipts are subject to TDS i.e. the deductee, shall mandatorily furnish his PAN to the deductor, failing which the deductor shall deduct TDS at the specified rate.
An Ombudsman is an important Government Authority under the Insurance Industry. It is a fast and most effective grievance solving authority. In other sectors also Government has introduced the Ombudsman Scheme.
The objective of this article is to shed some light on the much-talked-about but a lesser-known facet of the CA curriculum - Industrial Training.
Discussing how students pursuing CA/CS/CMA and professionals will benefit from the decision of UGC that these courses will be treated equivalent to a PG Degree.
Under the provisions of section 203A of the Act, every person deducting tax or collecting tax is required to obtain TAN and quote the same for reporting of tax deduction/collection to the Income-tax Department.
Value of compounding is not just a theoretical term rather a practical approach by the implementation of which one can be a millionaire over a period of time and achieve their dream to become a millionaire.
Calculating the exact amount of insurance policy or sub-assured under insurance to cover all your future liabilities is a Herculean task. In this article, we calculate the amount of insurance cover you need in case of casualty.
There is a remarkable difference between 'not loving' something and 'hating' something. If you don’t love something. It’s okay. Don’t hate. Adopt a positive mindset and try to change it brick by brick, daily.
Discussing GST Updates w.r.t Quoting of HSN Classification on Invoices, Table for HSN/SAC reporting based on Turnover & Nature of Supplies and Steps for implementation of the same.
Arbitration provides an efficient and alternative mechanism for quick dispute resolution. It is one of the important aspects of Alternate Dispute Resolution Process.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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