Updates and details for TDS on Commission/Brokerage Under Section 194H: In this article, I have given the definition of Section 194H and Commission/Borkerage. I have also given the details for TDS on Commission/Brokerage, Who is responsible for deducting tax u/s 194H and also Under what circumstances TDS u/s 194H is not deductible. So, just read the article carefully for […]
Updates and details for Analysis of Section 44AD and Section 44AE Income Tax Act: From here, you can get the introduction of Section 44AD and Section 44AE, Eligibility Criteria for the Presumptive Taxation Scheme Under Section 44AD and Section 44AE and also Purpose of Section 44AD. So, just scroll down and read the full article. Introduction: The presumptive
Updates and details for About Section 54, Section 54B, Section 54D, Section 54G/ 54GB: In this article, I have given you all the basic and important details of Section 54, Section 54B, Section 54D, Section 54G/ 54GB. So just read it carefully and stay tuned with us for more updates. S.No. Basis Section 54 Section 54B Section
Updates and details for NPS Tax Benefits, Sections 80CCD(1), 80CCD(2) – Budget 2017: Earlier the deduction allowed for the contribution to NPS was limited to Rs. 1 lac. However, with the view to encourage people to contribute towards NPS, the maximum amount allowed to be invested in NPS has been increased from Rs. 1 lac to
8Basic Details of TDS & TDS Rates & Applicability of the TDS : In the below article, you will get all the latest information for TDS, A guide to what is TDS, TDS rates, TDS Certificates. Scroll down or jump to the topic from above contents menu. What is TDS? TDS stands for Tax Deducted at
What is Service Tax? Service tax is a tax levied by the government on service providers on certain service transactions, but is actually borne by the customers. It is categorized under Indirect Tax and came into existence under the Finance Act, 1994. Service Tax Rules: As per the Finance Act, 1994, the government of India
Updates and details for Service Tax Registration Procedure Online: Service tax is a tax is taken by Central Government of India on services provided or to be provided excluding services covered under negative list and considering the Place of Provision. It is an indirect tax wherein the service provider collects the tax on services from service
Updates and details for Krishi Kalyan Cess (KKC) – Meaning, Calculation, Applicability: Krishi Kalyan Cess is also known as KCC. In this article, I have given the definition of KCC, How to calculate KCC and also Applicability of KCC. So, just scroll down and read the full article for more details. Krishi Kalyan Cess: A Cess is
Basic updates about Income Tax Slab Rates for FY 2017-18: What is income tax: Revenue in the form of Income tax is the prime revenue of Indian Government.An income tax is a government tax collected from tax payers who earn various income or profits. Every Indian citizen/corporates who earns various income so as that it become tax paying necessary would
Step-by-step guide to file income tax return online through www.incometaxindiaefiling.gov.in : Income Tax Department gave a glimpse for 3 pages Income Tax Returns for AY 2017-18 and it will be issued very soon by Income Tax Department of India and IT returns filing will be initiated with the same effect. Some newbies are not knowing the procedure