Luxury cars are a status symbol and are valuable assets. Here are a few factors to keep in mind while choosing your car’s protection plan.
Studying finances is challenging, as you have to work on volumes of data and keep many details in your head. Students who strive to become proficient financial specialists and obtain a position of financial analyst, forecaster, or controller have to deal with challenging tasks during their college years.
Few days after an untimely death [by suicide or murder?] of a film actor in Hindi Film industry hit the headlines in print and electronic media his Chartered Accountant’s name surfaced. As soon as CA’s name flashed Herambh Shastri Chartered Accountant by profession [ not related to any dead or alive Chartered Accountant ] started instantly thinking about the role of CA in such high profile case of death of upcoming actor, sitting in the chair looking at ceiling fan. His analytical mind was working at high speed.
Understanding the importance of Books of Accounts, Documents, and Evidence in amended Section 149 of the Income Tax Act, 1961.
The Finance Bill 2021 has introduced following new sections in relation to Tax Deducted at source (TDS) and Tax Collected at source (TCS): i) Section 194Q- TDS on purchase of goods ii) Section 206AB: Higher rate of TDS for non filers of Income tax return iii) Section 206CCA: Higher rate of TCS for non filers of Income tax return iv) Section 194P: TDS in case of specified senior citizen
t may be noted that as per the provisos of sections 206AB & 206CCA of the Act, the specified persons shall not include a non-resident who does not have a permanent establishment in India. Tax deductors & collectors are expected to carry out necessary due diligence in respect of a specified person established by the above referred functionality to consider him as non-specified, if the fall under these provisos.
Author: Anadi Varma 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 […]
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.
CA Mahesh Agarwal TDS (Tax deduction at source) and TCS (Tax collection at source) are one of the major sources of regular and advance collection of Taxes by the Government. In this endeavor government has made various provisions in the Income Tax Act to cover vast economic activities for deduction or collection of taxes at […]
