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Abhisek Singhvi

Latest Posts by Abhisek Singhvi

Whether contractors liable to deduct TDS In absence of a written sub-contract?

March 24, 2022 9111 Views 0 comment Print

 In absence of a written sub-contract: whether contractors liable to deduct TDS?  In general practice the person who generates income is under an obligation to file its return and/or to pay tax under Income Tax Act, 1961 (for brevity hereinafter referred to as “IT Act”). But in certain enumerated situations, the payer of such consideration […]

Incentives to Medical Professionals: Whether deduction allowed under Income Tax Act, 1961?

March 22, 2022 3594 Views 0 comment Print

Are medical professionals allowed to accept incentives under the Income Tax Act, 1961? Find out the regulations and penalties associated with the acceptance of freebies.

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