Taxation is an essential wing of the government’s revenue which provides a bulky collection to the government to meet the social and economical expenditure of the nation. Being a citizen of a civilised nation one should pay tax for the growth a
What will be the tax on mutual fund returns in India? To understand the tax treatment of mutual fund returns, we have to first answer a simple question.In what ..
VIEW TAX CREDIT- FORM 26ASOverviewForm 26AS is a consolidated tax statement issued under Rule 31 AB of Income Tax Rules to PAN holders. This statement, with respect to a financial year, will include details ofa)Tax deducted at source (TDS);b)
Arjuna (Fictional Character): Krishna, recently everyone has celebrated the festival of Raksha Bandhan along with that many Taxpayers have filed Income Tax Returns. Krishna please explain, what difficulties arise while filling Income Tax Returns, wha
For most government and public sector audits empanelment and also for the RBI empanelment norms for appointment of branch auditors of public sector banks etc are illogical and absurd especially for proprietary concerns of chartered accountants for co
In this article, the author shall discuss "Latest Amnesty Scheme introduced by MCA in relation to Limited Liability Partnership".
This article is all about motivation and inspirations. This is just a bunch of noble thoughts. You can change your destiny by changing your thoughts. If you think high and positive and you are also hard working, struggler and consistent then nobody
The ambiguous drafting of a legal provision defeats the purpose of a law. It is the job of the law makers to address the concerns of people at large and remove air of uncertainty over its interpretations. The Finance Minister, in his maiden budget sp
Accounts payable (AP) is a term used in accounting to describe the money a company owes to its suppliers or creditors for goods and services that have been rece..
Change in rate of Abatement:A uniform abatement at the rate of 70% is prescribed for services of construction of complex, building, civil structure, or a part thereof, subject to fulfillment of the existing conditions. Therefore tax is payable on 30%
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English