Section 43B(h) of Income Tax Act: How to Report in Form 3CD
Section 43B(h) of Income Tax Act Finance Act 2023 inserted a new provision u/s 43B i.e., clause (h) which states […]
Income Tax Clearance Certificate: Recent CBDT’s Update on ITCC
Income Tax Clearance Certificate (ITCC) is a document which states that an individual has no outstanding pending tax liabilities or
194R TDS: Tax Implications on Business Perks For FY 2024-25
194R TDS applies if any benefits or perquisites given in a business or profession, whether in cash or kind. Who
Fake GST Registrations: Second all-India drive from 16th August
Fake GST registrations are being used to fraudulently pass on input tax credit to unscrupulous recipients by issuing invoices without
Section 194T: New TDS Rules on Payments To Partners Of A Firm
Section 194T is a newly inserted for TDS deduction proposed as per Clause 62 of Finance (No. 2) Bill, 2024.
TCS On Car Purchase: Simple Breakdown of the Rules
TCS on car purchase is a provision under the Income Tax Act where dealer or sellers are requires to collect
Salaried Employees to Save Upto Rs 17500 with New Tax Changes
Salaried employee can save up to Rs 17,500 under new tax regime while filing income tax return due to the
Aadhaar Authentication for GST registration: Enhancing Security
Aadhaar Authentication for GST registration is introduced by the government to verify the identity of individuals or businesses applying for
GST Full Form: Meaning and Bifurcation of GST Rates in India
The full form of GST is Goods and Services Tax. which is a comprehensive indirect tax levied on the supply