Understanding the new section 194R TDS provision in the Income Tax Act. Learn about the impact on doing business and the requirement for tax deduction.
Learn about the recent Supreme Court decision on GST on ocean freight and its implications for cooperative federalism.
Find answers to your FAQs on TDS under section 194S of Income Tax Act, 1961. Understand the provisions, rates, and threshold limits for TDS on transfer of virtual digital assets (VDAs).
Learn about the new requirements for filling DPT-3 forms for deposits by corporates in India and ensure compliance with the latest rules.
The concept of conversion of Compulsory Convertible Preference Shares (CCPS) into Equity Shares is not governed by any section of the Companies Act, 2013 but if combined the certain Provisions of Companies Act, 2013, one can easily opine the conversion. By complying the provisions of Sections below mentioned conversion of Preference shares into Equity shares can be easily done.
Explore construction activities exempt from GST, including sale of land, ready-to-move flats, and resale properties. Understand provisions of CGST Act, 2017 Schedule II and III. Stay informed to avoid unnecessary tax implications.
Understand the impact of the new Section 194R of the Income Tax Act introduced in 2022. Explore applicability, exceptions, and CBDT clarifications. Prepare for tax compliance and navigate potential complexities.
As you are aware that Capital Gain Tax is charged on transfer of Capital Assets under provisions of Section 45 to 55A of the Income Tax Act, 1961. The main ingredients of Capital Gain Tax are ; 1. There should be a Capital Assets means property of any kind held by an assessee whether or […]
Get the latest updates on income tax return under section 139(8A). Learn about the concept of ‘updated return’ introduced by Finance Act 2022.
Yes, what you have heard is correct. You have to keep your phone away, if you want to be one step ahead of others. If you want to receive something, first you have to give something.