Understand the restrictions on cash transactions of Rs. 2 lakhs or more under income tax law. Learn about the modes of undertaking transactions and the exceptions.
N.C. Goel & Maya Goel Vs Piyush Infrastructure India Private Limited (NCLT Allahabad) In this case Copies of the post-dated cheques issued by the Corporate Debtor for repayment of principal amount have been enclosed. However, these cannot be taken to be unqualified admission of debt because the presumptions drawn under section 118 and section 139 […]
Understand the benefits of Section 80D for health insurance premiums. Learn about the deductions available for insurance on self, spouse, dependent children, and parents.
Understanding the restrictions on cash transactions in real estate under income tax laws. Learn how these provisions aim to prevent tax evasion and promote transparency.
Explore the updated Income Tax TDS Rate Chart for FY 2022-23 / AY 2023-24. Comprehensive guide covering TDS rates on various incomes as per the Income-tax Act. Stay informed to ensure accurate tax deductions.
State Goods & Services Tax Department Government of Kerala Amnesty Scheme – 2022 The Government of Kerala vide Circular No. 5/2022 dated March 25, 2022, unveils an Amnesty Scheme, 2022 to settle outstanding tax dues pertaining to the period before GST introduction. The Amnesty scheme will be applicable for all pending tax arrears including cases […]
Mutual Agreement Procedure is a dispute resolution mechanism in which taxpayer resorts to solving disputes relating to double taxation-juridical or economic.
Explore the essential checklist for finalizing financial statements under the revised Schedule III of the Companies Act for the fiscal year 2021-22. Understand key changes and stay compliant.
Corporate Social Responsibility, or CSR, a term coined by Howard Bowens’, is a self-regulatory business model that enables a firm to be socially accountable to its stakeholders and the general public.
This article describes in detail the methodology for determination of discount rates used in actuarial valuation of Employee Benefits.
