Section-194IB TDS on Rent Paid by Individual/HUF
A new Section 194IB has been Introduced in the Income Tax Act with effect from 1st June 2017 extending the …
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Know all about Secretarial Audit
Introduction: Secretarial Audit is a Compliance mechanism that assists Stakeholders and Regulators to determine whether applicable laws are complied by …
Section-115BAA New Tax Rate for Domestic Companies
To uplift the economy and promote growth the government of India has inserted certain sections through the Taxation laws amendment …
Taxpayers in India
Current Scenario:- It is expected to double to 8.2 crores during the five-year term of the present government on account …
Section 205-Functions of Company Secretary
Overview:- Under the Companies Act, 2013 the role of the company secretary has been considerably widened inasmuch as now he …
Income tax: What is the Capital Gains under the Income Tax act
What are the Capital Assets? A Capital asset either movable or immovable nature is defined to be assessed under the …
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Major Benefits of Income Tax Return Filing
Filing of Income Tax Return is recommended even if the assessee total income does not exceed the basic exemption limit …
Challenges and Issues expected upon Implementation of New GST Return
Even though filing under the New GST Return system enhances the Transparency and accuracy it has associated with certain challenges …
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Restriction of Input Tax Credit under GST to 20%
The Government has come with a new notification restricting the quantum of availing the Input Tax Credit in respect of …
Procedure for Payment of RCM Liability under GST
In certain cases, the recipient of Goods or Services is liable to pay GST on Reverse Charge Basis. Procedure and …