The Central Board of Direct Taxes (CBDT) has introduced Form 71, which allows taxpayers to correct incorrect Tax Deducted at Source (TDS) credits for past financial years
No PE Declaration is a certificate provided by a non-resident who earns income from India, such as interest, fees for technical services, or business income.
TRACES (TDS Reconciliation Analysis and Correction Enabling System) is an online platform in used for the reconciliation of TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) statements filed by deductors or collectors with the income tax department.
We have made an attempt to provide information cum clarification on Forms AOC-4 & MGT-7 for reporting the Financial Statements and Annual Return, respectively, as the Annual Filing is soon approaching.
Freelancing and independent contracting have become increasingly popular in recent years, offering individuals the freedom to choose their projects, set their schedules, and work from virtually anywhere.
Vide Finance Act, 2012, it was provided that the nature and source of any sum, in the nature of share application money, share capital, share premium or any such amount by whatever name called, credited in the books of a closely held company shall be treated as explained only if the source of funds is also explained in the hands of the shareholder
12 September 2023 at 09:00
This article examines the idea of GST cancellation and explores the duties that directors and shareholders have in this situation.
The Income Tax Department (ITD) has recently sent out notifications to around 22,000 taxpayers, including salaried individuals, high-net-worth individuals, trusts, and Hindu Undivided Families (HUFs).
12 September 2023 at 09:00
Some important provisions under Income Tax Act relating to cash transactions
Few nations on Earth have experienced the sort of economic and social change El Salvador has in the last decade. Widely regarded as one of the most dangerous Central American countries, it was essentially a no-go for any foreigners and had a chronic and systemic gang problem.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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