Discussing TDS Interest and its different types, together with the late fees for delay in filing of TDS Return and penalty that may be imposed on late filing of TDS Return u/s 271H.
Section 285BA of the Income Tax Act, 1961 read with Rule 114E of Income Tax Rules, 1962 says certain persons are required to report a statement of financial transaction (SFT) or reportable account to the Income Tax Department.
Private Limited Company is the most popular type of Company in India. This article is aimed to give a general idea about the formation of a Private Limited Company to the entrepreneurs.
Mainly, mutual funds have two ways of earning. First Capital Gain and Second Dividend Income. Both earnings are taxable. Let us discuss how the same is taxable.
The main focus of Surprise Checks under Audit is on internal control; they check whether the system of internal control is operating effectively or not.
The economic review of the Ministry of Finance in April 2021 is expecting the economic impact of the second wave to be lower than the first wave. It might be less destructive in nature as compared to the first wave of Covid.
The people we surround ourselves with are the biggest influence on our behaviour, attitudes, and results. Who you are around - what they’ve got you thinking, saying, doing, and becoming - sets the course of your life.
In this article, we will discuss some simple, smart and practical ways in which each one of us can build and improve resilience. As we all know resilience is very important during these unprecedented times.
Madras High Court has given relief to the genuine buyer that the seller must be examined in such cases and recovery proceedings must be initiated against the seller.
Priority Sector Lending (PSL) is a means to provide advances to credit deficit and weaker sections of the society. These sectors are integral to the economic growth and development of the country.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English