Section 194T introduces TDS @10% on payments by firms/LLPs to partners from 1 April 2025. Learn applicability, threshold Rs 20,000, compliance rules, exclusions and impact on cash flow and filings.
Understand the Budget 2024 changes to Long Term Capital Gains (LTCG) on property. Discover the new tax rates and indexation benefits.
Learn about Section 43B(h) and its impact on MSME payments. Ensure timely payments to claim deductions and avoid penalties. Read now!
Understand the Reverse Charge Mechanism (RCM) under GST. Learn about its applicability, who pays the tax, and key provisions for goods and services.
Understand GST registration requirements in the UK. Learn about taxable events, turnover thresholds, and who is liable for registration. Get the facts!
Understand the crucial changes to Section 194J TDS rates from April 1, 2020. Learn the difference between Fees for Technical Services (FTS) and Professional Services (FPS).
NEW PROCEDURE TO FILE TDS RETURNS ONLINE W.E.F. 01.05.16 REGISTRATION WITH EFILING WEBSITE � FOR TDS RETURN Log into �TRACES� with the details of the assessee whose return is to be filed. Click at �Register for E-filing�
WHAT IS AN EQUITY LINKED SAVING SCHEME (ELSS)? ELSS is a popular mutual fund scheme that allows you to take exposure in the equity market, while simultaneously serving as a tax-saving product. It is a type of mutual fund which invests majority of its
GIFT'Gift' is a transfer of a particular movable/immovable property from one person to another without consideration/adequate consideration. TAXABILITYWhere an individual or an HUF receives an amount exceeding Rs.50,000/-,
WHAT IS AN HUF? The term Hindu Undivided Family is not defined in the Income Tax Act. It is defined under the Hindu Law as a family that consists of all persons lineally descended from a common ancestor,
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English