All you need to know on 269ST of the Income Tax Act Black money is one of the most serious concerns confronting the Indian economy. To address the problem, the Indian government has been launching a series of strategic initiatives […]
TDS on Sale of property by NRI/TDS on property purchase from NRI Tax Deducted at Source (TDS) must be deducted whenever a property is purchased or sold. When selling the property, the buyer will deduct a certain amount (officially known […]
“What is HUF (Hindu undivided Family)?” And HUF Tax Benefits Introduction An article on “What is Hindu Undivided Family is (HUF)?”, HUF tax benefits, and the disadvantages of forming HUF. The HUF is taxed individually since it is treated as […]
Compliance Calendar for the month of January 2022 Starting, owning, or doing a business in India comes with important compliance that a business irrespective of its structure, has to adhere to during a financial year. Be it filing of Income […]
All about Section 80G of Income Tax Act, and 80G Deduction allowed under Income Tax Act Introduction Section 80G focuses on charitable giving and is one of the best ways to save money on taxes, not only that but it […]
All about Remuneration to partners in Partnership Firm Introduction The Partnership Firm, like any other business, was founded with the primary goal of profiting from the market. A reward is given to an individual in any type of firm when […]
Form 16: What It Is, How to Download & File ITR with It? Introduction Form 16 is related to income tax and is used by businesses to offer information on tax deductions to their salaried employees. If you’re not sure […]
Income Tax TDS Online Payment, and TDS Online Payment Procedure Tax Deducted at Source, is a method used by the Indian government to collect Income Tax. Tax Deducted at Source (TDS) ensures that the government gets income tax from the […]
TDS Interest on Late Payment, and TDS Late Payment Penalty Introduction The Income Tax Department imposes TDS Interest on Late Payment and TDS Late Payment Penalty when businesses delay depositing TDS. It charges interest for each day of delay and […]
