Understand the new ₹6 lakh TDS on rent threshold for FY 2025-26. Learn about Sections 194I, 194IB, 194IC, and how to manage TDS payments.
In this article, the author has attempted to explore complementary or completely opposing perspectives by examining aspects such as revenue recognition of revenues and expenditures, inventories, capital expenditures (Capex), and related party transactions.
The author will cover the "Process and provisions of transfer of shares of Private Limited Company in Demat form instead of Physical shares" in this column.
Shakti: Sky is the Limit celebrates the rise of female Chartered Accountants in India, highlighting their powerful contributions to the economy and society. From just 8% in 2000 to 48% today, women like Ishwin Kaur are redefining success with passion, purpose, and the divine strength of Shakti.
The recent High Court ruling on the Net Owned Fund (NOF) requirement for Non-Banking Financial Companies (NBFCs) has provided much-needed clarity on the regulat...
Understand Section 194Q TDS on goods purchases over ₹50 lakh. Learn buyer obligations, TDS rates, due dates, and relief for sellers from FY 2025-26.
"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).
Discover the new income tax slabs for FY 2025-26. Learn about the simplified tax regime, zero tax liability up to ₹12 lakh, and how it impacts your take-home pay.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English