Angel Tax which is governed by Section 56(2)(viib), was introduced in the Income Tax Act from the Assessment Year 2013-14 via finance bill, 2012 as a step to take up the circulation of unaccounted money in the name of share premiums which were received by private companies or closely held companies.
Tax Compliance Tracker for the month of May, 2024
Let's screen some data and see that if at all the rally that the market has experienced was due to P/E expansion if not Earnings expansion or both.
In this comprehensive guide, we will delve into a step-by-step process to comprehensively understand and analyze GST notices, ensuring a thorough and informed response.
The Central Board Direct Taxes(CBDT) has released some guidelines relating to compulsory selection of Income tax returns for 100% Scrutiny during the financial year 2024-2025.
Patta Chitta are important land records in the state of Tamil Nadu. Due to digitization, these land records, i.e., Patta Chitta documents, are available online through the official TN e-Services website.
After the end of the financial year and the start of a new financial year, it's good to try to save more money. Saving is basically when we keep some of the money we earn instead of spending it all right away.
This article explores whether NRIs can sell and buy property from each other, shedding light on the complexities of NRI property transactions.
The EPFO Member Portal offers services for PF (Provident Fund) contributions. Users can check balances, update KYC, and more. Organizations with over 20 employees must register online.
Here's a summary of the steps to register for an account on the income tax e-filing portal
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English