Section 194C – TDS on payment to Contractors
This is the most important Section under the whole TDS provisions, as this section is applied on most of the …
This is the most important Section under the whole TDS provisions, as this section is applied on most of the …
When an employer hires an individual, they specify the Cost to Company (C.T.C), indicating the yearly expenditure for that employee. …
TDS on Purchase u/s 194Q and TCS on Sale of Goods u/s 206C(1H) are most important sections under Income Tax …
TDS on Purchase (Section 194Q): Let’s Read the Law First: Deduction of tax at source on payment of certain sum …
TCS on Sale of Goods: Let’s Read the Provisions of Law first: Section 206C (1H) Every person, being a seller, …
Tax Audit: Tax audit is a process in which the accounts and financial statements of a taxpayer are thoroughly examined …
Section 44ADA of the Income Tax Act, 1961, provides a presumptive taxation scheme for professionals who are engaged in specified …
Section 44AD of the Income Tax Act, 1961, provides a presumptive taxation scheme for certain eligible taxpayers engaged in businesses. …
What is PAN? PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN is issued in …
Section 193 of the Income Tax Act, 1961, pertains to the deduction of Tax Deducted at Source (TDS) on interest …