Articles by CA Pooja Dhoot

Section 43B(h) - Income Tax Implications w.r.t MSME from AY 2024-25

CA Pooja Dhoot 13 February 2024 at 14:19

Commencing from April 1, 2024 (AY 2024-25), Section 43B(h) of the Income Tax Act introduces significant changes concerning expenses related to purchases or services from Micro and Small Enterprises (MSMEs).

All you need to know about Gifts

CA Pooja Dhoot 06 March 2023 at 08:53

As per Section 122 of the Transfer of Property Act,1882- "Gift is the transfer of certain existing MOVABLE OR IMMOVABLE property made VOLUNTARILY and WITHOUT CONSIDERATION by one person called Donor to another called Donee and accepted by or on behalf of Donee".

Which Section 194Q or 206C(1H) will be applicable?

CA Pooja Dhoot 24 June 2021 at 11:44

Section 194Q is for TDS applicable from 01.07.2021 and Section 206C(1H) is for TCS applicable since 01.10.2020. Let us understand which section will be applicable in practical scenarios.

Reliefs by RBI in Bank Branch Audit due to COVID-19

CA Pooja Dhoot 30 April 2020 at 10:22

Recent reliefs by RBI in Bank Branch Audit due to COVID-19. The Reserve Bank of India has brought 3 major circulars in form of COVID-19 regulatory package.

IND AS 1- Presentation of General Purpose Financial Statements

CA Pooja Dhoot 18 January 2020 at 13:04

In the earlier article we had seen basics of Indian Accounting standards (IND AS), Now in this article you will be able to read about IND AS 1- Presentation of Financial Statements