It is mandatory for every taxpayer to communicate the details of his income to the Income-tax Department. These details are to be furnished in the prescribed form known as return of income. In this part, you can gain knowledge about the various provisions relating to return of income.
Embark on a journey to launch your own Ecommerce business in India with our step-by-step guide. From crafting a solid business plan and registering your company to building a website, selecting payment methods, finding a logistics partner, and implementing effective marketing strategies – our epic guide covers it all! Don’t miss out on the booming Indian ecommerce industry; start your entrepreneurial journey now.
Unlock the secrets of financial reporting for non-corporate entities with our comprehensive guide. Learn about the recommended formats for balance sheets and profit and loss statements, and understand the disclosure requirements. Explore the impact of recent initiatives by the Accounting Standard Board of ICAI on non-corporate entities’ financial statements. From understanding levels of applicability to detailed instructions for preparation, our guide empowers you with the knowledge needed for transparent, comparable, and unbiased financial reporting.
सरकार द्वारा समय समय पर किए गए उपायों के बावजूद सिसक सिसक कर बढ़ रहा प्रापर्टी मार्केट फिर कराहने लगा है. ऐसा नहीं की सरकारें इस क्षेत्र को उठाने और बढ़ाने का भरसक प्रयास कर रही है, लेकिन ये पर्याप्त नहीं दिख रहे हैं. हम सभी भलिभांति परिचित है कि रीयल एस्टेट सेक्टर न केवल […]
From the date of applicability of this circular, any national from a country that shares a land border with our Country, India, must seek security clearance from the Ministry of Home Affairs, Government of India if they wants to get appointed as Director in any Indian Company.
Discover the essentials of Advance Tax under the Income Tax Act, 1961. Learn who is liable, when to pay, and how much to pay. Uncover the consequences of non-payment and the benefits of fulfilling your Advance Tax obligations. Ensure a smooth tax journey with key insights and timely payments.
Delve into the analysis of the recent Supreme Court judgment dated June 3, 2022, in Vallal RCK Vs. M/s Siva Industries and Holdings Limited. Explore insights on the objective of section 12A and whether the Adjudicating Authority can question the commercial wisdom of the Committee of Creditors. Stay informed about key observations and conclusions from this significant case in the Insolvency and Bankruptcy Code context.
Explore the top 5 shipping companies in India for 2022. Learn about the Shipping Corporation of India, Essar Shipping, Great Eastern Shipping Company, Bharati Shipyard, and ABG Shipyard. Discover their revenues, operations, employees, and headquarters. Stay updated on the vital players contributing to India’s import-export industry and economic growth.
Learn about the mandatory Aadhaar-PAN linking under Income Tax Act Section 139AA. Find details on exemptions, methods for linking, late fees, and consequences for non-compliance. Understand the steps to pay late fees online using Challan 280. Stay informed on PAN becoming inoperative and common user issues.
Explore the legislative history of the Service Tax regime and gain insights into penalty provisions under Chapter V of the Finance Act, 1994. Delve into a hypothetical scenario, analysis of penalty sections (73, 77, 78), and learn from relevant court observations. Author: Deepanshu Arora.
