Complete Understanding of ITR Filing For F&O (Futures And Options)Traders While trading in futures and options on stocks, currencies, and commodities is taxed, many small traders fail to declare their… Read More
Q.: What deductions are allowed and which are not allowed for NRIs? An NRI is entitled to a 30% basic deduction, a deduction for property taxes, and a deduction for interest… Read More
Byju s auditor Deloitte RESIGNS!-Byju’s seems to be in deep deep trouble! This comes at a time when 3 KEY-BOARD MEMBERS have also dropped their resignations due to differences with… Read More
NON-RESIDENT INDIAN(NRI) INCOME TAXABLE IN INDIA Income from Salary: Your salary income is taxed in India under two situations. Situation A: If it's received in India- If you're an NRI and you have got received any salary in… Read More
Income Proof with KYC becomes Compulsory for INR 10,00,000/- investments in small savings schemes. Govt of India has now made it Compulsory for those investing over INR 10,00,000/- in post… Read More
How to Calculate Income Tax Liability in India: A Comprehensive Guide Introduction If you are filing ITR for the first time, it can be really overwhelming to understand the ITR… Read More
Principles of natural justice if no hearing provided to the taxpayer during the Cancellation of GST registration: IN THE GUJARAT HIGH COURT VIKRAM NATH, CHIEF JUSTICE & J.B. PARDIWALA, J.… Read More
Why do I need a GST Registered ? GST registration not only allows you to identify your company as a legal registrant, but it also opens up a range of… Read More
The Statement of Financial Transactions (SFT) is a document or report that provides a comprehensive overview of an entity's financial transactions over a specific period. It is a critical component… Read More
Summary of Deductions U/S 80C, 80CCC, 80CCD & 80D SECTION 80 DEDUCTION SECTION DEDUCTION ON ALLOWED LIMIT (MAXIMUM) FY 2018-19 80C INVESTMENT IN PPF – EMPLOYEE’S SHARE OF PF CONTRIBUTION… Read More