Articles by Gurleen Kaur

Calculation of Depreciation as per Companies Act, 2013

Gurleen Kaur 04 August 2022 at 10:59

The Depreciation Formula and the useful life is being provided in Schedule II of Companies Act, 2013 to calculate the rate of depreciation as per Companies act...

Section 80JJAA - Deduction in Respect of New Employees Recruited

Gurleen Kaur 11 June 2022 at 09:08

Section 80JJAA of the Income Tax Act, 1961 is a tax incentive for employment generation and provides for deduction from INCOME FROM BUSINESS of an assessee for the employment of new employees by the assessee.

Compliance Calendar for the FY 2022-23

Gurleen Kaur 11 June 2022 at 09:08

I am listing down the key reporting forms and due dates for various compliances, which must be filed by all registered businesses, irrespective of their entity structure.

Section 194R: TDS on Benefit or Perquisite of Business or Profession w.e.f 1st July 2022

Gurleen Kaur 11 June 2022 at 09:08

Clause 58 of Finance Bill, 2022 deals with section 194R which expressly states this change will take effect from 1st July 2022, though the section has been inserted from 1st April 2022.