If you own a business or you are holding an important portfolio in a business organisation, you ought to know the importance of bookkeeping. Bookkeeping […]
Author: Nancy K. Allison
Permanent Account Number
Long-term Account Number (PAN) is a ten-digit distinct alphanumeric number released by the Earnings Tax Department. PAN is issued in the form of a laminated […]
Cash Transaction Notice 2016, How to View & Submit Response?
After Demonetisation, Govt of India Started “Operation Clean Money” and lot of Users Getting Cash Transactions notice for “Cash Transactions made during 9th November to 30th […]
Advance for property – Is the perplexity over??
Advance for property – Is the perplexity over??. Provisions of section 54 of the Income tax Act, 1961, which provide an exemption from capital gains […]
Issue of taxability of surplus on sale of shares and securities – Circular No. 6
Circular No. 6 of 2016: Issue of taxability of surplus on sale of shares and securities. The CBDT has accepted that inspite of its circular no. […]
Maximum Allowable Number of Tax Audits by Practicing CA
Optimum Allowable Number of Tax Audits by Practicing CA. let us look at the arrangements of maximum variety of Tax Audits permitted by a Practicing […]
Customers can now refuse to pay Service Charge at Restaurants
Customers can now refuse to pay Service Charge at Restaurants. Payment of service charge in restaurant is voluntary. Latest news! The Consumer Affairs Ministry has […]
Interest Income Tax Treatment – all you need to know about
By VRP Last updated Nov 2, 2024 Interest Earnings Tax Treatment. Tax Treatment of Income Made from Interest. Many individuals (aside from tax stream trainees) […]