Articles by CA Bhawna Dua

All about Senior Citizen Savings Scheme (SCSS)

Posted by CA Bhawna Dua 27 June 2024 1915 Views

This article provides a comprehensive understanding of the latest SCSS rules, covering eligibility criteria, investment options, extension of tenure, and income tax benefits.

All about Investment in National Savings Scheme with investment recommendations

Posted by CA Bhawna Dua 30 March 2024 430 Views

The National Saving Scheme (NSS) in India is a scheme regulated by the Ministry of Finance and operated and managed by the Department of Post, India.

Section 43B(h): Disallowance and Precautions to be taken while making payment to MSMEs before 31st March 2024

Posted by CA Bhawna Dua 07 March 2024 4521 Views

A new clause inserted by the Finance Act of 2023 allows deductions made to MSMEs on an actual payment basis instead of an accrual basis if the payment is made within the threshold limit.

Start-ups Funding: A Quick Checklist for all the requirements to raise fund

Posted by CA Bhawna Dua 27 January 2024 2589 Views

Many Start-ups nowadays have a vision to make their business grow and spread their wings worldwide but it requires lot of funds which can be fulfilled by onboarding investors and dilute their equity and sometimes on debt.

Section 80E: Tax Saving through Educational Loan

Posted by CA Bhawna Dua 25 January 2024 3132 Views

This article delves into the provisions of Section 80E, highlighting its benefits and clarifying common queries related to educational loans and deductions.

Applicability: Co-operative society engaged in the business of manufacture of sugar

Posted by CA Bhawna Dua 11 December 2023 567 Views

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.

Transactions which require quoting of PAN

Posted by CA Bhawna Dua 06 December 2023 10788 Views

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.