Resale method appropriate in Transfer Pricing where there is no Value Addition to traded goods by the distributor
Filing an application under Section 119(2)(b) of the Income Tax Act in India typically involves specific procedures.
The tax season is upon us, and for businesses with 50 employees, mastering Form 16 Part B for the financial year 2023-24 is crucial. In this comprehensive guide..
Determination of date of transfer of capital asset before and after AY 2017-18... where two AYs are involved
Not quoting of PAN attracts many penalties and also keeping of PAN more than one also attract penalty of Rs. 10,000 so before to enter into any transaction it must be understood that quoting of PAN is required in the following 18 Transactions and also it should be kept in mind that such a TDS can be claimed while filing the Income Tax Return of that relevant previous year.
While reading some concepts of the Limitation Act in my LLB syllabus a thought came to my mind that can we Combine the Limitation Act and the Income Tax Act?
05 December 2023 at 09:06
Tax saving mutual funds are those which invest at least 80% of their assets in equities
A lot of TDS Deductors who have filed their TDS returns for the 2nd quarter of FY 2023-24 have received intimations for Defaults in their TDS Return for Quarter 2nd. Why are the TAN holders getting these default notices from Income Tax Department?
01 December 2023 at 08:54
Car lease policyWhen an employer talks about your salary, they mean your basic starting salary. Various components are then added to this number to create your ..
29 November 2023 at 09:09
The new 'Discard' facility allows taxpayers to manage their ITR filings more efficiently and helps rectify any inaccuracies or omissions within the specified windows. But it's essential to use it with caution as once discarded, an ITR can't be restored.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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