Section 44AB of Income Tax Act: Threshold Limits and Applicability
Section 44AB of Income Tax Act means when a person is engaged in business is required to maintain regular books […]
Section 44AB of Income Tax Act means when a person is engaged in business is required to maintain regular books […]
Unified Pension Scheme (UPS) is an important initiative announced on 24th August 2024 by the Narendra Modi government to provide
ITR processing time means the duration it takes after the return has been filed. After ITR has been filed, the
Section 43B(h) of Income Tax Act Finance Act 2023 inserted a new provision u/s 43B i.e., clause (h) which states
Tax Audit Report is a document prepared by a Chartered Accountant. It is prepared after examining thoroughly the financial records
Angel tax is levied on unlisted companies who have to pay on the capital they raise through issue of shares.
Income Tax Clearance Certificate (ITCC) is a document which states that an individual has no outstanding pending tax liabilities or
194R TDS applies if any benefits or perquisites given in a business or profession, whether in cash or kind. Who
Long-term capital gain mean arising from the transfer of long term capital asset. What is a long-term capital asset? A
ITR Refund Scam messages have been seen nowadays beware of this scam as fraudsters try to trick people by providing
Fake GST registrations are being used to fraudulently pass on input tax credit to unscrupulous recipients by issuing invoices without
Tax audit due date for AY 2024-25 is 30th September 2024. What is a tax audit? A tax audit is