Popular Articles

Higher TDS for Income Tax Return Defaulters w.e.f. 1st July 2021 - Decoding section 206AB

Manish Gupta 07 July 2021 at 09:36

The IT Department has introduced a new section 206AB effective from 01.07.2021 that ensures a higher deduction of TDS for the payees who have defaulted in filing their ITR for the preceding 2 years.

Construing 'consent' under section 399 of Companies Act?

Durga Rao 28 January 2011 at 11:44

Section 399 of Companies Act, 1956 deals with the issue of qualification to file an application under section 397/398 of Companies Act, 1956 seeking appropriate relief when there exists oppression and mismanagement in the Company. The qualificati

Indian Economy : The Future

Late CA Sampat Jain 05 June 2007 at 01:41

India - Perspective for Growth with Stability(Addressby Dr. Y.V. Reddy, Governor, Reserve Bank of India at the Symposium onCurrent India at the Institute for Indian Economic Studies, WasedaUniversity, Nikkei, Shinbun on May 28, 2007.) Professor

Income Tax Act 2025: Highlights, Slab Rates & Provisions

LegalDev 25 August 2025 at 08:23

The Income Tax Act 2025, effective from 1 April 2026, replaces the 1961 Act with simplified provisions, new tax slabs, the concept of "tax year," consolidated TDS rules and recognition of digital assets for taxation.

How to get credit for TDS

Guest 08 December 2011 at 13:05

The person who will be receiving the income should file a declaration with the payer of the income, stating that such income is taxable as the income of the specified persons who are supposed to be taxed on such income How often have you had the

Unusual Gifts

Ramalingam K 08 December 2011 at 13:09

Sweets, crackers, gold coins, and jewels are the items which come to our mind when we think about Diwali gifts. Let me unbundle some unusual gift ideas for this Diwali here. Gift ideas for children: Piggy bank: This may not be a great idea

Karniti Part-31:Taxpayer should try to be "Maryada Puroshottam" i.e. live within limits of laws

CA Umesh Sharma 07 April 2014 at 11:59

Arjuna (Fictional Character): Krishna tomorrow is "Rama Navami", which is celebrated with full devotion and enthusiasm all over the country. Why this day is important fo

CGST Amendment Act 2018 and Its Analysis

Rajat solanki 03 September 2018 at 11:54

Amendment of section 7.All forms of Supply of goods or services or both will be for consideration AND Furtherance of Business"(1A) where certain activities

Top Skills that CAs must Develop to be Relevant in the Coming Years

Suhani Ahuja 07 November 2021 at 10:09

Some of the most vital skills one should attempt to learn and develop throughout their career if they want to excel in accounting and improve their job satisfaction has been described in this article.