This article explores the realm of income tax preparation software in Excel, offering insights into its benefits, features, and a step-by-step guide for the fiscal year 2023-24.
The TDS defaults on account of Inoperative PANs have created a lot of issues among taxpayers. What are some major issues faced by them?
Sugar factories operating in the co-operative sectors in certain States of India pay to sugarcane growers a final amount, often referred to as Final Cane Price (FCP) which is over and above the Statutory Minimum Price (SMP) fixed by the Central Government under the Sugarcane Control Order, 1966.
Resale method appropriate in Transfer Pricing where there is no Value Addition to traded goods by the distributor
Filing an application under Section 119(2)(b) of the Income Tax Act in India typically involves specific procedures.
The tax season is upon us, and for businesses with 50 employees, mastering Form 16 Part B for the financial year 2023-24 is crucial. In this comprehensive guide...
Determination of date of transfer of capital asset before and after AY 2017-18... where two AYs are involved
Not quoting of PAN attracts many penalties and also keeping of PAN more than one also attract penalty of Rs. 10,000 so before to enter into any transaction it must be understood that quoting of PAN is required in the following 18 Transactions and also it should be kept in mind that such a TDS can be claimed while filing the Income Tax Return of that relevant previous year.
While reading some concepts of the Limitation Act in my LLB syllabus a thought came to my mind that can we Combine the Limitation Act and the Income Tax Act?
Tax saving mutual funds are those which invest at least 80% of their assets in equities
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English