To save tax, assessee can claim deductions under sections 80C to 80U.

Interest on housing loan is available for deduction u/s 80EE,80EEA,24(b). Principal & stamp duty paid can be claimed as deduction u/s 80C.

Aadhar and PAN linking is mandatory. The due date for the same is extended from time to time. For non linking of aadhar to PAN there are...

The Ministry of Corporate Affairs (MCA) has issued a notification (Companies (Accounts) Amendment Rules, 2021), that every company which...

The CMEGP is introduced by Government to provide subsidy on loan for entrepreneurs to start new business & aims to promote entrepreneurship

The PMEGP Scheme is credit linked subsidy programme in which beneficiaries can get a subsidy at specified % of the project cost from Govt.

This Post is regarding Form 10AB Compliance For NPO to avail exemption specified in Section 11 and 12 of Income Tax Act 1961

Form 10BD is statement containing details of donations received by a charitable organisation during the financial year.

1. Definition of charitable activity: As per the definition provided under Income tax Act, 1961, charitable purpose includes the...

What is Advance Tax? Advance tax is payment of taxes in Advance in multiple installments throughout the year, instead of lump sum payment...

Taxation of E-Commerce Transactions in Income Tax and GST (with Integrated Examples) There are many taxation provisions affecting the...

The ministry of Home Affairs amended the provisions of FCRA. These amendments are effective from 29th September 2020. The analysis is...

Now a days, it is easy to register a company or a LLP than selecting a name (literally). Unless you are applying for reservation of name...

For effective email communication with FCRA department, one must consider these points.

Revised Frequently Asked Questions on LLP Settlement Scheme, 2020 issued by the Ministry of Corporate Affairs, Government of India on...