CAclubindia Articles

Section 80TTA and 80TTB : Deduction on Interest Income

Posted by Prajjwal Kaushik 03 April 2024 41483 Views

As per the existing provisions of the section 80TTA, there is a deduction up to Rs. 10,000 allowed to an assessee in respect to Interest Income from savings acc...

Section 8: Company Annual Compliance

Posted by Ishita Ramani 03 April 2024 9148 Views

Section 8 companies are non-governmental organizations that are established to promote various activities such as sports, commerce, charitable works, science, art, and more.

Income from other sources

Posted by Taxblock 03 April 2024 6374 Views

Incomes that do not fall under any of the other heads will fall under the head of 'Income from Other Sources'. A taxpayer who receives Income from Other Sources is eligible to deduct expenses.

TRACES Login : How to log in to TRACES portal and download Form 16B?

Posted by CCI Team 03 April 2024 49702 Views

Form 16B is a certificate for tax deducted at source under section 3 of the Income Tax Act on the sale of Immovable Properties.

Can LLPs Engage in Financing Activities? RBI's Approval Holds the Key

Posted by CS Binit Thakur 03 April 2024 1367 Views

Can LLPs do financing activity? If an LLP wishes to run non-banking financial activity, then it is required to obtain prior approval from the Reserve Bank before starting the business.

All About West Bengal Profession Tax

Posted by CS Karan B. Khattri 03 April 2024 1617 Views

West Bengal Profession Tax is a tax levied on a person engaged in any profession, trade, calling and employment in West Bengal.

Salary Slip with Format and Its Important Parts

Posted by Mitali 02 April 2024 8016 Views

A salary slip or a pay slip is a document provided by an employer to an employee, with a detail list about the salary components such as HRA, LTA, bonuses, and deductions for a specific period, typically a month.

7th Pay Matrix Table

Posted by Shivani 02 April 2024 2564 Views

The Pay Commission established by the Central Government for reviewing and proposing alterations to the salary structure for government employees. The most latest Pay Commission was instituted in 2014, and its recommendations were implemented in 2016.

Pin To Pin Distance: E-Way Bill

Posted by Khush Trivedi 02 April 2024 8140 Views

Under GST regime for quick and easy Movement of goods across India without any hindrance, all the check posts across the country are abolished. However to track the movement of goods &controlling any Tax evasion E-way Bill system has been introduced.