ITR and Tax Audit Due Date For AY 2020-21
Income Tax Filing Due Date Tax Audit– As we are aware that, the last date of the ITR and Tax Audit is near but due to the COVID impact the Audit and ITR could not be completed till the last …
A New Route of Tax Knowledge
Income Tax Filing Due Date Tax Audit– As we are aware that, the last date of the ITR and Tax Audit is near but due to the COVID impact the Audit and ITR could not be completed till the last …
Under the Income Tax Act, Salary, Bonus, Interest, or Remuneration paid to a working partner is an allowable expense, which is subject to certain limits. If it is paid to a non-working partner, the same shall be disallowed. Under this …
CBDT has changed business codes for Income Tax Return from AY 2019-20. Before the filing of the return, we must ensure that the correct business sector along with the correct business code has been selected.
Meaning of Depreciation- Before knowing the Depreciation Rate as Per Companies Act For AY 2020-21 PDF, we must know the meaning of depreciation. In simple words, depreciation is a reduction in the value of assets over time, due in particulars …
IPO refers to an Initial Public Offer, which the company issued during the first time listing of shares and Shares as a part of ownership in a company.
In this article, we will try to clear all doubts regarding the Tax Audit Turnover Limit For AY 2020-21. But before know the applicability of a tax audit, everyone should know the Meaning of The Tax Audit. What is Tax …
As we are aware that, the last date of the ITR and Tax Audit is near but due to the COVID impact the Audit and ITR could not be completed till the last date. Earlier many direct tax professionals and …
Finance Act 2020, has introduced a new “Section 12AB” for significant changes in compliance and registration procedure of Religious and Charitable Trusts/institutions, etc. Under the new regime, amendments of Section 10(23C), Section 11, Section 12A, Section 12AA, Section 80G, and insertion of a new Section 12AB were proposed.