"Mr. Rishikant Mehta is an Associate Member of the Institute of Chartered Accountants of India and has done his graduation in Commerce from G.S. College of Commerce & Economics, Nagpur. He is known for his insights in the areas of consultancy/advisory on Income Tax, Goods & Services Tax(GST), Corporate Laws, RoC Filing, Financial Reporting, Accounting, Business Filing Services, Audit & Assurance Services, etc. He helps people plan their financial future. Let's connect with him at [email protected] and explore how he can contribute to your financial objectives."
Article explains provisions of Chapter XXII of Companies Act, 2013, governing establishment & commencement of operations by foreign companies in India.
In this blog, we will discuss provisions relevant with taxation of gifts in the hands of individual. First of all, receiver must ensure that gift is from genuine source and is not involving any black money and proceeds of crime.
Learn about tax implications for sellers and buyers of immovable property. Understand capital gains, stamp duty, tax withholding, and reporting obligations.
Explore the benefits and implications of presumptive taxation under section 44ADA for professionals. Understand the eligibility criteria, specified professions, and simplified tax compliance, empowering individuals and partnership firms in managing their income tax obligations efficiently.
Discover the tax advantages of home loans under the Income Tax Act, 1961. Explore Sections 24B, 80C, 80EE, and 80EEA, which offer deductions for interest on loan borrowed, principal repayment, and additional deductions. Gain insights into eligibility criteria and maximize your tax benefits.
In-depth guide covering Section 194C of the Income Tax Act, 1961 discuss the concept of Tax Deducted at Source (TDS), applicable when making specific payments to contractors or subcontractors, with comprehensive insight into the conditions, definitions, and tax deduction responsibilities.
Learn about the rules, regulations, and norms governing Nidhi companies in India. Explore deposit norms, lending regulations, and interest rates.
Learn about the statutory provisions mandating bookkeeping in India for companies. Understand criteria, responsibilities, and penalties under the Companies Act. Get insights from a practicing Chartered Accountant.
What if you are not satisfied with the response of a bank on a complain made to it? You have the remedies for this. You can register complain to the Reserve Bank of India banking ombudsman.
Understand the tax implications of arrears of salary and explore relief options under Section 89(1). Learn the calculation process for tax relief and the importance of filing Form 10E to claim relief. Stay informed about taxability, provisions, and steps to ensure a smooth process.
