NEW REASSESSMENT PROCEDURE 1. Introduction: In the film JOLLY LLB, the judge, unforgettably played by actor Saurabh Shukla, in the concluding speech while delivering his judgment says: ‘But I am the judge. who knows what, what I feel, judgment cannot be given on that basis. I HAVE TO GIVE JUDGMENT ON THE BASIS OF EVIDENCE. […]
Formation of a private limited Company has its own sets of advantages and disadvantages. It is seemingly the best form of business when Directors and shareholders are closely held and where the Directors have enough funds to arrange it between themselves or their relatives or acquaintances. However, when the brand has to go really big […]
Understand the new TDS provision for non-filing of income tax return from 1.07.2021. Learn about the applicability and requirements under Section 206AB.
Issue of order u/s.138(1)(a)(i) of the Income Tax Act, 1961(‘Act’) for the purposes of launch of Compliance Check Functionality for Section 206AB & 206CCA – regarding Issue of order u/s.138(1)(a)(i) of the Income Tax Act, 1961 for the purposes of launch of Compliance Check Functionality for Section 206AB & 206CCA – To facilitate the process […]
For checking Applicability of Section 194Q and Interplay between section 194Q or Section 206C(1H) and the TDS/TCS calculation, we have build an automatic utility for ease of Professionals or small tax payers.
The game of football has many exciting things attached to it. Watching the players make a goal, others defending it makes our heart beat faster. Faster in a good sense. We feel an adrenaline rush every minute of the game, and the excitement is enough to keep us on the edge of our seats.
The tax you must pay on holding Bitcoin (or Satoshis, abbreviated as sats, which are a fraction of a whole Bitcoin) depends on your holding period. Less than three years of holding Bitcoin is dubbed a short-term investment, whereas more than 3 years’ worth of holding is considered a long-term investment.
