The article presented to show the TDS provisions contained under section 194A of the Income Tax Act, 1961 relating to the TDS deduction on Interest other than interest on securities. Introduction of Section 194A This section of Income Tax, 1961 contains the provisions relating to deduction of TDS on Interest other than interest on securities. For example […]
1. Through Foundation Course route: (i) Enrol for Foundation Course after appearing in Class 12th Examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto. (ii) Complete four months Study Period. Register till 30th June/ 31st December for being eligible to appear in […]
भारतीय संविधान का अनुच्छेद 370 एक ऐसा लेख था जो जम्मू और कश्मीर को स्वायत्तता का दर्जा देता था।संविधान के भाग XXI में लेख का मसौदा तैयार किया गया है: अस्थायी, संक्रमणकालीन और विशेष प्रावधान।जम्मू और कश्मीर की संविधान सभा को, इसकी स्थापना के बाद, भारतीय संविधान के उन लेखों की सिफारिश करने का अधिकार दिया गया […]
rjuna, Rakshbandhan is celebration of the purest form of brother and sister bond. On this day sister ties Rakhi to brother’s Wrist, in return of the promise of her safety. Similarly in GST matching and mismatching of purchase/sale bond needs to be done to ensure the promise to claim ITC between supplier (brother) and recipient (sister). This can be done by matching the details of GSTR-2A with purchases as shown in the Books of Accounts.
RECENT DEVELOPMENTS IN COMPANIES ACT, 2013 Amendment in Year 2019 Companies (Ordinance), 2019 Companies Amendment Act, 2019 Other Recent Amendments 2019 √ Dematerialization of Securities √ Corporate Social Responsibility √ National Financial Reporting Authority √ Declaration of Commencement of business √ Creation/ Modification of Charge √ Significant Beneficial Owner COMPANIES (AMENDMENT) act, 2019 Process for […]
Shri Om Prakash Singh Vs ACIT (ITAT Agra) When we test the explanation of the assessee in the light of evidences available on records and the precedents governing the issue, we find that identity of the Company who has advanced money to the assessee is proved beyond doubt. There can be hardly any dispute regarding […]
Since the receipt of loans, repayment and payment of interest thereon had been made through regular banking channels from account payee cheques and no deficiencies whatsoever were found in the documentary evidences submitted by assessee, therefore, no addition of loan amount could be made under section 68
The withholding certificate which directed TDS to be deducted at 5% on the payments made by the Indian entities to assessee-overseas company was unsustainable in law, inasmuch as there was arbitrariness and non-application of mind at various levels which vitiated the certificate.
Are Educational Institution’s Actually Exempted From GST or is it Just A Myth? Education has always been one of the major and challenging sectors of any economy. The education of country’s youth is not only the decisive factor of country’s economy rather it is one of the most powerful weapon you can use to change […]
