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In a recent announcement, the Finance Minister of India, Nirmala Sitharaman[1] slashed corporate tax rates. The government did reduction in corporate taxes...
Introduction In the present era of globalization, there are minimal restrictions on the boundaries for business and their transactions. Businesses ar...
Section 194-I of the Income Tax Act, 1961 was inserted vide Finance Act, 1994 for the imposition of tax on rent paid or payable by an assessee. This sectio...
Section 194-IA is effective from 1st June 2013 on the sale/ purchase of immovable property. A buyer of immovable property at the time of making payment of...
With effect from 1st April 2017, a new section - 44ADA was introduced for simplifying the tax compliances of small professionals. Section 44ADA was introdu...
The Central Board of Direct Taxes (CBDT)[1] in its recent notification announced that aforesaid TDS on cash transactions would not be charged on transactio...
As per a new circular by CBDT on 14th August 2019, the body has decided that it will not do any kind of communications from 1st October 2019, in case......
A new section 194M is inserted in the Finance Bill 2019 in the Union Budget 2019 to avoid tax evasion. This section has been inserted in case of transactio...
With the rising inflation rates and various other economic factors, wealthy Americans are incre...
Before approaching the new suppliers or any other third parties, you should always go for the v...
With the increasing landscape of Fintech Companies, it is increasingly vital that fintech compl...
This blog gives a detailed description through an audit report for industrial waste by examinin...
On 1st March 2024, the IRDAI came up with a notification via F. No. IRDAI/Reg/5/199/2024 for Bi...
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