To keep a watch on high-value transactions undertaken by the taxpayer, the Income-tax Law has framed the concept of statement of financial transaction or reportable account. With the help of... More
 If you pay more tax than she is liable for in a financial year through excess tax deducted at source (TDS) or miscalculation in income tax, the income tax department... More
It's often said that death and taxes are the two certainties of life. Going by that adage, the importance of filing your returns is paramount as it remains a constant... More
Lok Sabha Monday passed the Limited Liability Partnership (Amendment) Bill, which seeks to encourage the start-up ecosystem and further boost the ease of doing business, amid uproar by the Opposition over the... More
1. What are OIDAR Services? Online information and database access or retrieval services mean services provided by the means of Information Technology, over the internet or electronic network, such as... More
1. What does UIN stand for? UIN stands for Unique Identity Number, granted to UN Bodies and Embassies on the basis of letter issued by the Ministry of External Affairs (MEA).... More
1. Are there any preconditions before I can apply for Registration as a Non-Resident Taxable Person? A Non-Resident Taxable Person must fulfill the following conditions so that he/she can register... More
1. Who are Input Service Distributors? Input Service Distributor (ISD) under GST includes an office of the supplier of goods and/or services which receives tax invoices issued by the supplier... More
Q. I want to take a Registration as a Casual Taxable Person but I can’t find the option. The option to register is in the New Registration Application for a... More
When it comes to financial planning, the 30s are a crucial period of your life. By this time, most of us have figured out a career path, have a regular... More