In order to incentivize the equity markets Government has given various sops to this sector. Under Section 10(38) of Income Tax Act, exemption to long term capi..
Ever wondered, when Virat Kohli hits centuries on cricket grounds situated outside India, which country shall have right to tax his income arising from such pla..
Sometimes you may have received a portion of your salary in arrears or in advance, or you may have received a portion of your family pension in arrears or in a..
The Employee Provident Fund (EPF) is an investment and more beneficial scheme enacted by the Government in the common interest of employees. In this scheme, the..
Transfer pricing provisions seek to ensure that there is fair and equitable allocation of taxable profits amongst the tax jurisdictions. In cases where the unde..
This article contains various Compliance requirements under Statutory Laws. Compliance means 'adhering to rules and regulations.' Compliances under:1. Complianc..
Eligible assessee: Any assessee engaged in business and liable for tax audit u/s 44abDeduction: 30% of Additional employee cost for 3 consecutive yearsMeaning o..
Details regarding newly inserted Clauses 31 (ba) to (bd) in Form 3CD by IT (Eighth Amdt.) Rules, 2018.Reporting to be done is as follows:31 (ba) Particulars of ..
Agricultural income in India is categorised as a source of income and includes: income from sources that comprise agricultural land, income from buildings on o..
The Form 16 format has been revised by the Central Board of Direct Taxes (CBDT) and is applicable from 12th of May. The format specified in the notification com..
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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