The predicament arises when the turnover of both the buyer and seller exceeds Rs 10 crores and both are liable to comply under their respective provisions; as the sale and purchase are flipsides of a transaction.
In this article, we understand all about Section 194D which deals with the TDS on Insurance Commission including when such tax is or isn't to be deducted, rate of TDS, and reinsurance.
We are reaching the conclusion of yet another season of ICAI examinations(IPCC and Finals). Soon we will have a batch of candidates completing the CPT exams and enrolling for IPCC. Here comes the biggest questions - Which coaching institute to joi
SUMMARY OF BUDGET 2019 Disclaimer:-This material and the information con
Recently, the government (CBDT) notified the Income Tax Return Forms (ITR) for the financial year 2019-20 (A/Y 2020-21).Today i.e. on the 26th of June, 2020, th..
The day of the result is really an important day in any student's life. The efforts of months and years together may be rewarded or may not be. The challe
Manufacture by Job-worker Availing Exemption-Allowability of Cenvat Credit: The issue dealt herein is with respect to the availability of cenvat credit for inputs or input services to a job worker who utilizes such inputs for manufacture of goods
ALL ABOUT MASALA BONDS WHICH ARE RUPEE DENOMINATED BONDS ISSUED TO FOREIGN INVESTORS
Unless there is an express bar under law and when there is an arbitration agreement either express or implied, a dispute between or among the parties can be referred to an Arbitrator or panel of Arbitrators as specifically agreed to. As everybody kn
FINANCIAL REPORTING IN HYPERINFLATIONARY ECONOMIES-IAS 29 Since we are talking of accounting standards which are acceptable internationally, thus the quality of such standards making them stable and dependent in the long run for better presentation
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English