"Mr. Rishikant Kumar is an Associate Member of the Institute of Chartered Accountants of India and holds a Bachelor of Commerce degree from G.S. College of Commerce & Economics, Nagpur. He specializes in providing consultancy and advisory services in Fraud & Forensic investigations, Income Tax litigation support, , RoC compliance, Audit & Assurance Services."
Understand TDS on partner payments under Sections 194T, 40(b), and 28(v). Learn limits, deductions, and taxability of salaries, commissions, and interest in partnership firms.
Understand income tax rules for set-off and carry forward of losses, including inter-source, inter-head adjustments, and conditions for carry forward under the Income Tax Act.
Learn about dividend types, declaration processes, and penalties for non-payment under the Companies Act.
Overview of laws mandating women directors in companies, including Companies Act, SEBI regulations, and penalties for non-compliance.
Understand the rules for board meetings, quorum, notice, and minutes as per the Companies Act, 2013, including frequency and participation guidelines.
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.
