LLPs and their Taxation in India

In India's fast-changing startup scene, picking the right business structure is vital. Among various options, the Limited Liability Partnership (LLP) is now a popular...

Tax Harvesting: Mastering the Art of Tax Savings

Tax harvesting is a strategic way to save on taxes by selling investments to either book gains or losses. The idea is to reduce...

Latest Articles

All about Form DPT-3: Return of Deposits

1. What is the Return of deposit (Form DPT-3)? Any receipt of money by way of deposit or loan or in any other form, by...

Relaxation In Applicability of Accounting Standards Commencing From April 1, 2020.

Announcement by The Institute of Chartered Accountants of India Criteria for classification of Non-company entities for applicability of Accounting Standards. The Council, at...

Advance Tax isn’t applicable to senior citizen with no income from business/profession

As per section 208 every person whose estimated tax liability for the year exceeds Rs. 10,000, shall pay his tax in advance in the form...

ITAT e-filing Portal to go live on 21 June 2021

ITAT has announced that e-filing portal will be launched for filing of appeal before the Income tax appellate tribunal.It has been mentioned that e-filing...

A guide to depreciation rates for AY 2021-22

Depreciation is allowed as a deduction under section 32 of the Income Tax Act, 1961. In the computation of taxable income, the depreciation rate...

Is Stock Broking Company is a Financial Service Provider Under IBC? | NCLAT to Examine

The National Company Appellate Tribunal (NCLAT), New Delhi has recently agreed to examine a serious question of law i.e. whether a stock broking company...

Draft Model Tenancy Act – 2020: A major step to streamline the property renting process in India.

After releasing the draft in 2019, the Union Cabinet on 2nd June 2021 approved the Model Tenancy Act (MTA) to streamline the process of...

Guidelines for compulsory selection of IT Returns for complete scrutiny during the FY 2021-22

The Central Board of Direct Taxes (CBDT) on Thursday issued the Guidelines for compulsory selection of returns for Complete scrutiny during the Financial Year...

LATEST NEWS

"Ready to share your unique voice through blogging?"

Write an Article