Transport allowance granted to an employee to meet his expenditure for the purpose of commuting between the place of his residence and the place of his duty is fully taxable
This article covers steps to Calculate Income Tax on Salary for FY 23-24 followed by an Illustration considering both Old and New Regime!
In the following article, the author will explore a very significant subject concerning the applicability of Section 186 to non-bank financial companies (NBFC)....
Section 43B of the Act provides a list of expenses to be allowed as deduction under the head 'Income from business and profession'. It states some expenses that can be claimed as deduction from the business income only in the year of actual payment and not in the year when the liability to pay such expenses is incurred even if the assessee follows mercantile basis of accounting.
Key Differences between ESOPs and Sweat Equity are mentioned in this article!
So as to claim a GST refund, the taxpayer has to adhere to certain processes, provide the GST authorities with the appropriate documentation, and make any necessary disclosures.
In this article, we will delve into the process of E-Verifying your income tax return as an NRI, guiding you through the eligibility criteria, methods of verification, and troubleshooting common issues that may arise along the way.
Gross Total Income are the total income earned by an individual or entity before subtracting any deductions or taxes. It includes income from various sources such as salary, wages, business income, capital gains, interest, dividends, rental income, and any other sources of income.
This article guides you through the various stages of financial understanding, helping your children to recognize the value of money and how to use it wisely.
As you are aware that "Governance" means system by which an entity is directed, controlled and it is prudent method of decision making, fixing accountability, responsibility and doing business for the benefit of public as well as owners of the entity. "Governance" is a process to run an entity according to laws of nation and in the public interest.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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