Author name: Ayushi Dixit

Section 44AD of Income Tax Act aims to give relief to small taxpayers having business income such as taxpayers engaged

Easy Loan Approvable The income stability of the borrower is critical for the lender. For which borrowers must submit an

Statutory Audit Meaning A statutory audit is a compulsory audit of the financial records of a business conducted by an

Advance tax payment is the amount of Income Tax that pay in advance on the income earned during the year.

New tax regime under section 115BAC of the Income Tax Act was introduced in the 2020 budget by Finance Minister

Form 15H is self-declaration forms which can be submitted by resident individuals to their banks or financial institutions to request

Budget Update About Virtual Digital Assets (VDAs) Virtual Digital Assets including Cryptocurrencies and NFTs, have been categorized as undisclosed income.

Meaning “Tax year” refers to a twelve-month period which follows the financial year. Financial year begins on 1st April and

Section 44BBD is proposed presumptive taxation scheme for non-resident companies those who will be providing services or technology in India.

What is Section 194A of Income Tax Act? Section 194A of Income Tax Act is applicable on payment of interest