In a significant move to enhance transparency and streamline compliance, the Central Board of Direct Taxes (CBDT) has issued a
Delayed payments have long plagued India’s Micro, Small, and Medium Enterprises (MSMEs), straining their cash flow and slowing growth. By
Government has provided many tax benefits to assessee on home loan. Income Tax Act provides tax benefits on repayment of
The Finance Act 2021 has introduced two new changes in rules relating to TDS (Tax deducted at source) or TCS
The following would not be recognized as ‘transfer’, and thus, no capital gain to be arise on the same: -Any
The Finance Ministry has brought a ‘New Taxation Regime’ to simplify the Income Tax Act. There is prevailing confusion as
According to the Income-tax Act, a person engaged in business or profession is needed to maintain regular books of account
What is TDS? TDS is a form of advance tax, TDS stands for tax deducted at source. According to the
