"Chartered Accountant working with Renowned CA Firm having experience of more than 50 years. With my expertise in Both Direct & Indirect Taxation and Internal Audit, I also have In-Depth knowledge of Labour Laws, Company Laws, RERA, Bank Audit, etc. Over the years our firm has evolved into a renowned professional firm that has worked on various assignments ranging from Statutory Audits, Internal Audits, Bank Audits, Income Tax Planning, GST Consultancy, RERA, Project Financing and other related matters."
Income-tax Department has provided taxpayers with several deductions availing which they can reduce the taxable income thereby reducing tax liabilities. But there are several deductions such as section 80C, section 80CCD, section 80D, section 80G, etc which taxpayers know and avail while filing the income tax return. There are many other deductions knowledge of which […]
Three upcoming provisions of the Income Tax Act, which will come into effect from 1st July 2021, has tremendously increased complexity for all Accountants and Professionals. Where Section 194Q deals with TDS on Sale of Goods, Section 206AB & 206CCA is inserted to penalise the person who was liable but did not file their Income Tax Return.
Finance Act 2021 has introduced a new Section in TDS – Section 194Q TDS on Purchase of Goods, which will be coming into effect from 1st July 2021. This new Section is quite complicated and will definitely demand some extra efforts from Accountants and Professionals. Earlier since October 2020, a new provision of TCS was introduced […]
