Duty of Person deducting TDS If Found Short Payment or Mismatch of Challan

Duty of Person deducting TDS If Found Short Payment or Mismatch of Challan Since a many days CPC (TDS) sending notices to deductors. One of the reason for the same is Short Payment of TDS and other one is wrong Permanent Account Number. In view of the close of the month approaching fast, you are […]

A Bird View on Excise Duty on Job Works

A Bird View on Excise Duty on Job Works Under Provisions of Exemption to Excise Duty on Job Works under Notification No.214/86 assessee engaged in manufacturer on job work basis, he has to pay duty on material cost plus job charged. However, if a product covered under MRP provision is manufactured on job work basis, […]

Interest u/s 234A, 234B, 234C on income tax payable

Interest u/s 234A, 234B, 234C on income tax payable Failing in discipline of filing income tax return will be liable to you file additional penalties on the amount due. However, there are many of the issues that can result in failure of tax deposits. These issues can be related to individuals or companies. For companies, […]

At different stages of life its necessary to do in this way

At different stages of life its necessary to do in this way Our main aim in tax planning is to pay minimum taxes by abiding with the legal statute and maximizing return on our investments by investing on the correct instruments at the correct time of our life.I endeavor herein below in brief some of […]