TDS Refund can be claimed when TDS paid by an assessee in a Financial Year is greater than TDS calculated in a Financial Year.
Practical Point of View in cases where Income is higher than 8%, but the person is declaring deemed profit as income u/s 44AD
The applicability of the ITR form depends on the sources of income, amount of income earned and the category of the taxpayer like individual, HUF, Company etc.
MCA has Rolled out from V2 version to V3 version in phases since March 2022. In recent 56 forms of the Company shifted to MCA V3 Portal w.e.f. 23.01.2023. In this article, the author shall discuss some important FAQs.
Capital gain is the profit made from the sale of a capital asset, such as real estate, stocks, or bonds. The capital gain is the difference between the purchase price of the asset and the selling price. If the selling price is lower than the purchase price, the result is a capital loss.
Rajesh Kumar, AdvocateA tax assessee has to deal with the problem of delay almost every time it interacts with the tax authorities. This delay is sometimes due to the system of tax administration, which imposes unnecessary and unreasonable restrictio
As concurrent audit is a continues function it will always be called as extended arm of management function, a tool to reduce the gap between the transaction and audit of the same, a part of Internal control and so on. In spite of being there in t
When filing tax, you can use standard deductions to get some money into your pocket. However, if you take a closer look, you will see that you can take advanta..
It may look very strange when everyone is advocating Mutual Fund Sip for long term, what is the necessity for this debate on Is Mutual Fund SIP for Short term or long term?. Theoretically doing a Mutual fund SIP for long term will wo
RELATED PARTY TRANSACTIONS (RPTS) ………….. Went to the operation theatre once again and came back with ………….some additions, some deletions, some clarity and a lot of confusion The Ministry of Corp
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English