"I , Prachi Agrawal is Associate Member of the Institute of Chartered Accountants of India and Practicing Chartered ACcountant in Gurgaon. I am a competent professional having enrich post qualification experience of half a decade with expertise in Income Tax, GST, Taxation, Auditing, Corporate Law etc."
Learn about TDS on the purchase of immovable property in India under Section 194IA. Understand the rules, rates, and consequences for non-compliance.
SPICe Private Limited Company Incorporation Filing Process is an integrated single point application for Reservation of Company Name, Allotment of DIN for Directors and Incorporation of a New Company along with allotment of Permanent Account Number (PAN) and Tax Collection and Deduction Account Number (TAN) to the New Company. For more details,Read at how to get […]
A Tax Audit is an audit, made compulsory by the Income Tax Act, if the annual gross turnover/receipts of the assessee exceed the specified limit. Tax audit is conducted in Sec 44AB of the Income Tax Act by a Chartered Accountant. Simply Tax Audit means, an audit of matters related to tax. Applicability of tax […]
The CBDT has notified the Income-tax Return (ITR) Forms for the Assessment Year 2019-20 with many changes and revisions. While the last date for filing income tax returns has been extended to August 31 for FY 2018-19, the changes and penal clauses for late filing mean one should start the process as soon as possible. ITR 1 […]
Section 12A registration is one time exemption obtained by most Trusts, right after incorporation to be exempted from paying income tax. Trusts and NGOs having 12A registration enjoy exemption from paying income tax on the surplus income of the Trust or NGO. Income tax exemption is available for all non-profit NGOs. Hence, it is important […]
