"I am a 3rd Generation Chartered Account and Partner of K S Jagannathan & Co. Have been in continuous practice for the past 32 years. Areas of specialization - taxation, audits and corporate consulting"
Explore the mandatory audit trail requirement for all companies from April 1, 2023. Learn about the amendments, implications, and responsibilities for companies and auditors.
The Taxation and other laws (Relaxation of certain provisions) Ordinance , 2020 has made amendments to section 80G of the Income tax act, 1961 thereby making contributions to this PM Cares fund eligible for 100% deduction under Section 80G(1) read with clause (iiia) of section 80G(2).
Salient features of section 115BAA of the Income tax Act. 1961 (status as on 30th March 2020) as amended by Finance Act 2020 and as approved by the President of India on 27th March 2020. Background: Inorder to promote growth and investment and to be competitive as a nation (especially with respect to tax rates), […]
