Let’s highlight some of common mistakes that one should avoid while Filling Income tax returns.
Let's talk about some tips & tricks that I have personally applied & able to clear my exams.
LUT (Letter of Undertaking) issued during the Financial year 2023-24 expires on 31/03/2024.
MSME stands for Micro, Small, and Medium Enterprisesare backbone of the growing Indian Economy as such industry has a Huge scope of Growth in upcoming Era.
Every person who is required to deduct TDS(Tax deducted at source)or TCS (Tax Collection at source) of any other person need to obtain TAN (Tax Deduction and Collection Account Number) in order to avail TAN one have to file 49B.
As we know Indian taxation system which comprises various types of Taxes but let's understand it in broader view let's check out with the word "TAX"
Let's dive into one of the heads of Income tax i.e. Income From House property. In this article, you will learn about all Provisions & deductions that falls under the said Head.
ESIC i.e. Employees' State Insurance Corporation is one of the two main statutory social security bodies under the ownership of Ministry of Labour and Employment, Government of India, the other being the Employees' Provident Fund Organisation.
In any business the basic fuel that requires to keep the business alive is only an Income or Receipts. As the important purpose of an economic activity is to earn money business is generating different types of revenues. We can bifurcate these Revenues or Receipts in two different categories i.e. Capital Receipts & Revenue Receipts
Employees can accumulate the un-utilize paid leaves till their retirement or resignation from the company & which compels the employer to compensate the unutilized paid leave of the employees. This concept is better known as leave encashment.