Following goods are being exempted from levy of Social Welfare Surcharge
S. No.
Description
1.
Natural...
Employee Stock Option Plans (ESOPs) are popular mechanisms through which companies attract, retain, and...
1. Legal Provision Overview
Section 206C(1B): Mandates that sellers(collectors of TCS) must submit buyer...
Section 10(1) of the Income-tax Act, 1961 exempts agricultural income from income-tax. However, net agricultural...
1. General Rule for All Non-Company Entities [Section 6(2)]
The residential status of Firms, AOPs, BOIs,...
Section 196A of the Income Tax Act, 1961 governs the Tax Deducted at Source (TDS) on income paid to non-residents (including foreign...
Under Section 139(4A) of the Income Tax Act, 1961, charitable and religious trusts/institutions must...
Understanding Section 10(8)
Section 10(8) provides tax exemption for income received by:
Foreign technicians/experts
Employees...
The Income Tax Act, 1961 allows charitable and religious trusts to apply for belated registration under Section...
Section 194LB of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on interest payments...
Chargeability/Scope/Meaning of Income under the head “Profits and Gains of Business and Profession” under...
Following Business are required to get their Accounts compulsory Tax Audited by a Chartered Accountant...