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Income Tax Taxation

What is the Tax Residency Certificate & How to get...

What is the Tax Residency Certificate & How to get it?

A Tax Residency Certificate is an official declaration of a non-resident's ability to file taxes in their home nation, provided by those authorities. It ma...

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Startup

Business Exit Strategy Applied by Startups to Move On...

Business-exit-strategy-applied-by-startups

The basic idea of most of the startups is focused on getting their product to market and solve the problems of their customers. The idea of selling a compa...

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Startup

RBI Draws Out Certain Exemptions From Housing Finance C...

RBI withdraws certain exemptions from Housing Finance Companies

RBI withdraws certain exemptions granted to Housing Finance Companies HFCs will have to create a reserve fund like every NBFC The Reserve Bank of India (RB...

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Income Tax Taxation

IT Department acknowledges an error in charging late IT...

Error in charging late ITR filing

The Income Tax Department admits an inadvertent error in processing ITR filing of partners of firms. If a late ITR filing fee has been charged by error, th...

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NBFC

Ind AS Presentation Format for NBFCs

Ind AS Presentation Format for NBFCs

The Schedule III of the Companies Act 2013 describes instructions for presenting financial statements of the company as per “Accounting Standards (AS) as...

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Income Tax Taxation

TDS Return Revision in case of PAN Error Notice from De...

Revision-of-TDS-return

Introduction- At the time of submitting the TDS return a very common error that occurs is that the PAN of the applicant entered wrongly, which as a result...

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Startup

Income Tax Department comes up with Instant e-PAN allot...

Instant-e-PAN-allotment

PAN Card is a Permanent Account Number which consists of 10 digits alphanumeric characters and is assigned to every taxpayer in India. It is a computer-bas...

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GST

What is Cess on GST? – Applicability and Rates...

GST-Cess

On 18th February 2017, the GST Council in its 10th meeting approved the “GST Compensation to the state to provide compensation to the States for loss of...

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