TDS must be deducted by the entity who makes the payment to the resident person, as remuneration/rewards, by the way of commission or for soliciting insurance business or for renewal of insurance policies.
Lately we have seen serious hike in the prices of tomatoes and other farm produces. What about the Income tax on sale of tomatoes? What exactly is included in the agricultural activities?
As Per Section 59 of the Motor Vehicle Act 1988, the Central Government hereby notifies the following guidelines for setting up, authorization and operation of AVSF (Authorized Vehicle Scrapping Facility) in the country.
SEBI Forex Trading Authorization is a type of authorization granted by the Securities and Exchange Board of India (SEBI) to a person or organization, allowing them to conduct Foreign Exchange (Forex) trading activities in the Indian financial markets.
You may wonder the impact of the recommendations of the GST Council meeting concluded on 29th and 30th June 2022. We bring a concise summary of changes pursuant to said meeting for better understanding.
This is an excerpt from the interaction of CA Sudhir Halakandi with GST Expert CA Sushil Goyal
Arjuna (Fictional Character): Krishna, Government has taken a huge step for taking out black money from rich people by banning notes of Rs 500 and Rs1000, after...
Applicability of ITR forms for individual, HUF & firms on the basis of certain factors
From speeding up transaction processing to gaining actionable insights to make informed decisions, every business owners are aware of several benefits of a retail POS system.
Wealth-tax (First Amendment) Rules, 20077 August 07Wealth-tax (First Amendment) Rules, 2007 - Amendments in rule 4A, substitution of rule 4AA and Form DA; insertion of Form DAANotification No. 216/2007 [F. No. 142/11/2007-TPL], dated 7-8-2007In exerc
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English