Section 194Q mandates that a buyer must deduct TDS while making payments for the purchase of goods from a resident seller.
"Taxable event" is that on happening of which the charge is fixed. It is that event which, on its occurrence, creates or attracts the liability of tax.
On April 2, 2025, President of United States of America Donald Trump imposed reciprocal tariffs at the rate of 34% on China, 27% on India, 20% on the European Union, and 24% on Japan and other countries.
The cess on petroleum products paid by a manufacturing company to the transporter of input goods becomes part of the cost of sales, as it cannot be claimed as Input Tax Credit (ITC).
New income tax slab has been introduced in the Budget 2025 with a simplified new tax regime, offering zero tax liability up to Rs.12 lakh.
This article will help you know the importance of the OPC Annual Return and its benefits for the same.
Filing your Income Tax Return (ITR) correctly and on time is essential for avoiding penalties, claiming deductions, and maintaining financial credibility.
ITR Filing for Deceased Person, it is a legal responsibility which goes to the legal heir or representative.
This article delves into the factual matrix of the case, its legal implications, and the applicability of its principles under the Companies Act, 2013.
This article outlines the key provisions governing related party transactions as per SEBI LODR, 2015 focusing on the regulatory framework, approval processes and disclosure requirements.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English