Ethics of AI in Accounting & Taxation
The use of artificial intelligence (AI) in accounting and taxation is rapidly increasing, with many businesses and individuals turning to […]
Income Tax
Future Crypto & NFTs Taxation
Cryptocurrencies and NFTs have emerged as popular investment options in recent years, attracting investors worldwide. As the use of crypto
KEY CHANGES IN ITR FORMS A.Y 2023-24
CHANGES IN ITR FORMS FOR THE A.Y 2023-24 New ITR forms for AY 2023-24: The Income Tax Department has
SECTION 194C: TDS TO CONTRACTOR
GUIDE ON TDS PAYMENT TO CONTRACTOR What is Section 194C? Section 194C states that any person responsible for paying
Know how Gifts to NRI is Taxable
TAXATION OF GIFTS TO NRIs “A Gift” is a voluntary transfer of Cash, Movable /Immovable property by one person
NEW EPF WITHDRAWAL RULE
BUDGET 2023: TDS RATE ON EPF WITHDRAWALS FOR NON-PAN HOLDERS What is EPF? The Employee Provident Fund (EPF) is
AMENDMENT IN SECTION 44AD & 44ADA
AMENDMENT IN SECTION 44AD & 44ADA Meaning of Presumptive taxation scheme: As per the Income-tax Act, a person engaged
ENHANCEMENT OF 1+YEAR ON EV BATTERIES
ENHANCEMENT OF 1+YEAR ON EV BATTERIES UNDER SUBSIDY An electric vehicle (EV) is a type of vehicle that runs
Old Tax Regime or New Tax Regime? Which one is Beneficial
BUDGET 2023: OLD TAX REGIME OR NEW TAX REGIME In the Budget 2023, Finance Minister Nirmala Sitharaman proposed to make
Deductions under section 80GG
FORM 10BA: DEDUCTIONS CLAIMED UNDER SECTION 80GG What is Form 10BA? Form 10BA is a statement to be recorded
