Popular Articles
Top 3 changes in Income Tax brought about by Interim Budget 2024
In the interim budget 2024, our honourable FM Shmt. Nirmala Sitaraman highlighted some of the achievements of BJP government over a period of 10 years, emphasising on increase in direct tax collections
Whether dividend can be paid in kind?
Provision: As per Section 123(5) of Companies Act, 2013 Dividend not be payable except in cash.Dividend: Section 2(35) of the Companies Act, 2013 simply states that "Dividend Includes Any Interim Dividend&
Errors in AIS on IT Portal? How to Handle it?
12 July 2022
14846 Views
One of the important documents for verification while Tax filing is the Summary statement of AIS. The Annual Information Statement (AIS), launched last year, is a comprehensive statement containing details of 46 of the financial transactions like Income, Investment, Expenditure happened in a particular Financial Year.
Disadvantages of doing business in black money
Govt. has taken strict action to control black money and determined to flush it out from our economy.
GST Council & GST rate slabs
GST Council is meeting from 17th - 19th October 2016 to finalise GST rate slabs, Cess & concessions alongwith compensation to various states
Letter of Undertaking to claim ITC under GST
Please read the below provisions to know the importance of this undertakingSec16 states Conditions and eligibility for availing Input Tax Credit:As per the prov...
Startup recognition and deduction u/s 80-IAC and exemption u/s 56(2)(VIIB) of the act
To promote new startup and make in India, government has taken several initiatives to give benefit to startup and attract fresh fund in startup business. Hereby...
OTC Forwards and Options - In Practice
OTC Forwards and Options In Practice Foreign Exchange Management involves a combination of hedging as well as profit making at the opportune time (subject to permission by regulator). Unless a country has pegged the domestic currency in te
Challenges make you perfect
Challenges make you perfect Introduction: In our life we need to face several challenges in every day. When ever we are facing challenges most of us we thinking about the trouble arising from the challenges and worried about the problem come out
Poem: Rime and reason
POEM is an abbreviation for "Place Of Effective Management" that plays a decisive role in determining the tax residency of a company.The Finance Bill 2015 has decided to move the goalpost and proposed an alteration in the definition of resi
Popular Articles
- Senior Citizen Saving Scheme From 1 July 2026 with 5 New Rules
- TCS Return Due Date: New Deadline For Tax Year 2026-27
- How Salaried Employees can save Tax under the New Tax Regime
- TDS Certificates for Non-Salary Income Gets a New Identity For FY 2026-27
- Sukanya Samriddhi Yojana 2026 with Interest Rate for Q2: Best Savings Scheme for Girls
- Capital Gains Exemption Under Sections 54 & 54F: Is Purchase in Spouse's Name Allowed?
- Form 130 Replaces Form 16: New Salary TDS Certificate For FY 2026-27
- Input Tax Credit Under GST: The One Provision Where a Buyer Pays for a Supplier's Default
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
