What’s a Restricted Limited Liability Partnership (LLP)?
A brand new pattern that has been noticed of-late is that increasingly entreprenuers have began choosing Restricted Legal responsibility Partnerships. However What’s a…
Author: Scott McKenzie
Tax on PF Withdrawal (Defined with Charts)
No Tax is levied on the quantity deposited and withdrawn from the Provident Fund account. It is because Provident Fund account comes underneath…
What’s a Partnership Firm and 5 Important Parts of a Partnership
Individuals who’ve entered into partnership with each other to hold on a enterprise are individually referred to as “Companions“; collectively referred to as…
1% TDS on Sale of Property u/s 194IA in 2022 (Detailed Information)
TDS on Sale of Property is levied @ 1% on transaction of all properties the place the entire transaction worth is greater than…
Section 80G: Earnings Tax Deductions for Donations in 2022
To advertise the idea of charity in the direction of the poor and the needy, the Indian authorities has been frequently encouraging folks…
Section 44AA & Rule 6F: Books of Accounts for Revenue Tax
Part 44AA prescribes the individuals who’re mandatorily required to keep up books of Accounts for Revenue Tax functions. As per Part 44AA, any particular…
ITR Password (2022) 2022 Read All Details Here
ITR V Form is needed to become posted during the time of efiling of Tax Returns. However a question arises regarding what’s this…
Home loan interest deduction section (2022) Know Here
Thus, out of the box obvious in the above table, deduction for interest and principal could be claimed under different parts of the…
Section 54 of Income Tax Act (2022) Get All Details Here
Section 54, 54EC, 54F: Capital Gain Tax Exemption in 2022 Capital Gains Exemption could be claimed underneath the Tax Act by reinvesting the…