Changes in the rates of TDS having applicability from 1st of October 2024 TDS Sections Current TDS Rate Proposed […]
Changes in the rates of TDS having applicability from 1st of October 2024 Read More »
BUDGET FOR F.Y. 2024-25 In this budget main focus on employment, skilling, MSMEs, and the middle class. This budget focuses
Union Budget of 2024-2025 Read More »
Profit and loss are part and parcel of a business. Income tax provisions provide rules for setting off losses against
How Losses will reduce your Income Tax Liability? Read More »
Definition & Scope of internal Audit: Internal Audit provides independent assurance on the effectiveness of internal controls and risk management
Who qualify as MSME? – Manufacturing Enterprises and Enterprises rendering Services which satisfies below two conditions: Criteria Micro Small Medium
IMPLICATIONS OF SECTION 43B(h):- Read More »
When purchasing a home, one of the most common ways to finance it is through a joint home loan.
TAX BENEFITS OF HOME LOANS FOR JOINT OWNERS Read More »
The exemption of investment is against only long-term capital assets (i.e. sale of land and building) The exemption is available
Tax Exemption on Capital gain U/S 54EC Read More »
According to Income tax laws the Individual has to file his/her ITR if his/her income exceeds Rs 2,50,000. Whereas, for
You Need to File ITR Even If Taxable Income Is Less Than Basic Exemption Limit. Read More »
The full form of GST is Goods and Services Tax. It was first introduced in the Budget Speech presented on 28th February
GST & it’s History Read More »