Why Income Tax Department issue Notices? The Department issues notices under various provisions of the Income Tax Act 1961 for the purpose of the ensure greater Income tax compliance and procedure.
Mutual fund investors worry about elections? The general election is not far away, but some investors are really concerned about it. So Many views are comings from advisers and managers with more strategy about elections.which are confusing and managers with “Now the question is What investment strategy should follow and ahead of the elections for our […]
Registration of Nidhi Company “Nidhi” means a company which has been incorporated as a Nidhi Company with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit.
Withdrawal rules of provident fund account Provident Fund is a product which helps salaried people to accumulate funds while they are earning for the period the income flow stops. So generally it is not supposed to be withdrawn before its maturity and jeopardise one’s retirement. However there are circumstances when resorting to the money accumulated […]
What About carry forwarding of CESS credit into GST The common observation of the department during the transitional credit verification is that the closing credit balance of the Education Cess, Secondary and higher Education Cess, Krishi Kalyan cess (herein after referred as ‘Cess credit’ for brevity) is not eligible for the transfer into GST.
Things you must know about tax audit 1. As per the provisions of section 44AB/44AD of the Income Tax Act, 1961, every person carrying a business whose turnover exceeds Rs.1 Cr./ 2 Cr. (as the case may be) or carrying a profession whose receipts exceeds Rs. 50 Lakhs in the financial year 2017-2018,Must get his […]
How To Buy Bitcoin Cash on Coin Switch Cryptocurrencies are soon set to take the fiat currencies by storm with its increasing value and trust. Bitcoin has been the eye candy when it comes to the world of cryptocurrencies. The success of the same cannot do away without the speculations and fluctuations of its prices. […]