Popular Articles

Students will be examiners in the future

Seema 08 September 2016 at 10:39

Keep going on in your studies, success will be yours.

Strike off of name of the Company from Registrar of Companies

Amit Dharmani 07 April 2017 at 11:18

Ministry of Corporate affairs has issued notification on 26th December, 2016 for the purpose of striking off the names of the Companies from registrar

Startup recognition and deduction u/s 80-IAC and exemption u/s 56(2)(VIIB) of the act

CA Varsha Nanwani 31 May 2019 at 18:04

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..

Idea similar to Carbon Credit, called Tree Credit!

Paras 08 September 2012 at 12:45

I aim at planting a good idea in your mind. We all know beautiful glaciers are melting daily in some part of the world because of Global Warming. Yet we do nothing but relish the thought of not contributing significantly towards it. I don

HUF Tax Plannig

Sarvesh Mani Tiwari,CFA(ICFAI) 05 August 2008 at 15:32

Typically, taxpayers tend to focus on ways of reducing only their own tax burden. This is a normal thing to do, but far greater tax savings are possible when the family as a whole is considered as a tax paying unit.By combining the leeway offered by

Co-Operative societies are liable to deduct tax from payment of interest

K.V. Radhakrishnan 01 November 2025 at 09:37

The Kerala High Court has upheld the validity of the proviso to Section 194A(3) of the Income Tax Act, 1961, making it mandatory for co-operative societies with turnover above Rs 50 crore to deduct TDS on interest paid to depositors.

Benefits available to a senior citizen in filling ITR for FY 2022-23

Aisha 01 March 2023 at 16:23

Senior citizens and a very senior citizen are granted a higher exemption limit as compared to normal tax payers. Exemption limit is the quantum of income up to which a person is not liable to pay tax.

Producer Company - Incorporation

CS Divesh Goyal 06 May 2017 at 15:53

Initiator could be a person or a group of persons who takes the responsibility to initiate and establish a producer company. Further, initiator could also be one of the promoters6 of the company.

Variable Interest Rates - Service Tax

CA Prakash Sajnani 28 January 2015 at 10:51

Variable Rates of Interest for Delayed Payment of Service Tax Prescribed By Notification No. 12/2014-ST Dated 11-7-2014:- To encourage prompt payment of Service tax, new interest rates on delayed payments under Section 75 of the Finance Act, 1994, wh

All About Annual Information System (AIS)

Neethi V. Kannanth 21 December 2021 at 08:49

Income tax department collects information about income received and material transactions carried out by an individual during the financial year through various sources and compiles the information collected in a summary form and presents it in a form of a statement called Annual Information System.