In our recent discussions, we had come across that many of the business people and few of the professionals were not aware/familiar with the TP provisions and the related compliances. This document is intended to provide basic knowledge of the same.
This article is attempt to give more clarity about the Gratuity Benefits, Factors increasing the quantum of Gratuity Benefits Exponentially and Benefits of Compulsory Insurance/Approved Gratuity Trust for Gratuity Benefits of Employees for Companies with Employee Strength 10 or More.
While presenting Budget 2019, the finance minister mentioned that people earning less than Rs 5 lakhs would have to pay no taxes as they would get tax rebate up...
Alternate Minimum Tax is a tax that is leviable to normal tax. Know all about alternate minimum tax: applicability, computation, and exemption.
Individuals and the HUFs, who were not required to deduct the tax will be burdened with additional compliances under section 194M and 194N
Payment made by certain individuals or HUF for contract work, professional services, commission or brokerage.
In this hi-tech, age business has undergone major transformation and new methods of transactions have evolved which are fast paced and require little physical e...
As per provisions of Section 40A(3) Where the assessee incurs any expenditure in respect of which a payment or aggregate of payments made to a person in a day,...
In this article I am proposing an Income Tax Strategy that I feel will ultimately lead to the overall development of the country and promote an inclusive growth.
Nowadays people are discussing about a news that no income tax is required upto Rs. 5 lakh. Even some people think that they do not need to file income tax retu...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English