Discover the 8 most common crypto tax mistakes in India - from misinterpreting the 30% flat tax and ignoring 1% TDS rules to misclassifying assets and missing foreign income disclosures. Avoid penalties with the right compliance strategies under Section 115BBH, 194S, and GST laws.
This article highlights the most common compliance mistakes made by Indian freelancers under the GST law and provides clear guidance on how to ensure lawful compliance.
Under the Income Tax Act, 1961, gold jewellery is classified as a capital asset. This means any profit earned from its sale is taxable as capital gains, depending on how long you held it.
The NBFC business is really taking off these days, and a lot of new players have jumped in. Many have gotten their approval from the RBI and the Certificate of Registration (CoR) to start operating as NBFCs.
Accounting Software changed the way we used to look at accounting. And, now a new revolution is coming again that is the introduction of Artificial Intelligence (AI) in Accounting.
This article provides a comprehensive overview of "Export of Services" under the GST regime, with a focus on the legal definition, compliance requirements, and the mechanism of filing Letter of Undertaking (LUT) for exporting without payment of IGST.
Section 80TTB offers senior citizens a deduction on interest income from bank deposits. Know how to maximize this deduction?
Section 80CCH is a new tax provision specifically designed to support participants of the Agnipath Scheme. Know how Agniveers can benefit?
Description about Section 206CQ in Form 26AS states that it deals with collection of Tax at source for remittances made under the Liberalised Remittance Scheme. 206CQ is nothing but a TCS deposit challan code.
There are lots of questions related to TDS deduction on Rent. Though section 194I of Income Tax Act, specifically defines the situations where tds would be appl...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English