Popular Articles

OFFICIAL WORD ON:IS NIL TDS RETURN MANDATORY

RAJAN GUPTA 08 September 2007 at 08:27

In my view its not mandatory,now dept has given some clarification on this subject,though not directly on this subject but while answering the FAQ on form 24 Q ,Q4,it has been made clear that nil etds statement is not mandatory. But return 24q q4 sho

The Tale of 'Arth', 'Shashtri' and the 'New TDS on Perks'

Mayank Mohanka 07 February 2022 at 08:40

Yes, it was the Budget Day. Two close friends, 'Arth'- a businessman and 'Shastri' - a CA, went out for a stroll in late evening.

The cost of high savings rate

Guest 09 November 2011 at 18:59

My friend Atul walked into my office recently. He had read that the Reserve Bank of India (RBI) had deregulated savings bank account rates. How will this affect me or my finances? he enquired. In order to fully asce

Snapshots - Budget 2013

CA. Bikash Bogi 01 March 2013 at 19:45

HIGHLIGHTS OF BUDGET 2013 This Snapshot is prepared solely on the basis of Budget Speech of Honble Finance Minister. A. DIRECT TAXES INDIVIDUAL / FIRMS a. No change in income tax slabs. b. Tax credit of Rs. 2,000/- for income upt

Income from Renting under House Property Income or PGBP

Vivek Jalan 07 November 2024 at 06:43

Income from rental property has different connotations depending on whether it is treated as house property or business income –· Rental income f

Assessments under GST

CA Prateek 18 July 2025 at 08:39

This article aims to provide a simple and practical understanding of the different types of assessments under GST. This article will cover the types of assessments, their legal provisions and the situations in which they apply.

Compliance Calendar for the month of June 2021

CA. Mohit Kumar 07 June 2021 at 09:20

This Article contains compliance requirements under various Statutory Acts for which the due date falls in the month of June 2021. Do note the same to avoid penalty, interest, or late fee.

Casual vacancy of auditor

CS Divesh Goyal 26 September 2016 at 10:25

Detailed analysis on casual vacancy of an auditor

Small questions that make big difference

CA Mayank 21 October 2016 at 12:49

Friends, exams are knocking the doors of our mind. There are many ins and outs of thoughts in our mind. This is the moment at which we may feel hopeless. This i..

Reporting in a diverse EU banking regulatory environment

Piyush Nalwaya 20 November 2012 at 12:07

1. Introduction Banking regulators control and monitor the financial state of affair of the banks through reporting mechanism. With the formation of European Union, banks operating in European region are expected to report under multi regulator