What is Business or profession
Business or profession 1.Business: The word business is defined in section 2 (13) to include any trade, commerce or manufacture or any adventure or concern in the nature … Read More
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Business or profession 1.Business: The word business is defined in section 2 (13) to include any trade, commerce or manufacture or any adventure or concern in the nature … Read More
Winning from lotteries any winnings from: (1) lotteries, 2) crossword puzzles, 3) races including horse races, 4) card games and other games of any sort 5) gambling or batting … Read More
Residential status Whether a person is taxable in India for any given financial year depends on his residency status there. The phrase “residential status” was created by the Indian income … Read More
Describe Section 194C. According to Section 194C, any of the following parties listed below who are accountable for paying any amount to the resident contractor for performing any work (including … Read More
Section 194J TDS on professional fee and Technical service. Professional fee mean service rendered by a person in the course of carrying on legal, medical, architectural or engineering profession or … Read More
Tax on short term capital gain There are two type of capital gain Long term Capital gain Short Term Capital gain ( Section 111A) There the total income of an … Read More
Tax audit under various clause of section 44AB According to Income Tax provision Act 1961 Rule 6 G Prescribe the form of tax audit report Under section 44AB Section 44AB … Read More
Tax Audit Limit for Assessment year 2022-23 There is two type of Audit generally speaking. Audit required under Companies A ct 2013 Audit required under Income Tax Act 1961 Here … Read More
PVC Aadhar card Today you know Aadhar card is a main document in India. So every citizen have an Aadhar card. Aadhar card issued with 12- digit random number. … Read More
How to file TDS on the Sale of Property According the provision of Income Tax Act 1961 the buyer has to many taxes like GST, but when a buyer purchase … Read More