Savvy Midha

Savvy Midha

23 Oct, 2019

The Income Tax Act, 1961, prescribes the time limit in the form of due dates for filing of the return, payment of advance tax, a deposit of TDS, etc. If......

Savvy Midha

23 Oct, 2019

Tax is the primary source of revenue for Government in India, and thus, various forms of income are taxable under the purview of the Income Tax Act[1]. How...

Savvy Midha

23 Oct, 2019

Any income earned by a Charitable or Religious Trust is exempted from the purview of taxation under Section 11 of the Income Tax Act. This section provides...

Savvy Midha

19 Oct, 2019

Taxation of a charitable trust is governed under Sections 11, 12, 13 of the Income Tax Act, 1961. Section 11 and 12 contain the provisions of conditions to...

Savvy Midha

17 Oct, 2019

In the present times of globalisation, there are the least restrictions imposed on businesses due to which they are spreading around the world with huge in...

Savvy Midha

22 Jun, 2023

Advance Tax is applicable on every self-employed businessperson, professionals, freelancers, whose income falls within the jurisdiction of Income Tax Act,...

Savvy Midha

05 Oct, 2019

The valuation of shares involves finding out the value of a company's shares. The share value of the listed entity whose shares are floating and traded on...

Savvy Midha

01 Oct, 2019

The Constitution of India provides a guarantee of fundamental rights to every Indian citizen with the Procedure for Appeal for redressal of grievances. The...