Steps to register private limited company
What is a Private Limited Company?A private limited company is a business structure typically used by small businesses. In this format, ownership is restricted to a limited number of shareholders,…
What is a Private Limited Company?A private limited company is a business structure typically used by small businesses. In this format, ownership is restricted to a limited number of shareholders,…
A Valuation Certificate is an essential document that determines the value of a company or an asset. It is provided by a certified valuer after performing a detailed valuation. This…
Long-Term Capital Gains(LTCG): Tax Rates, How to Calculate, Exemptions and Examples Profits or gains resulting from the sale or transfer of capital assets, including property, shares, bonds, and vehicles, are…
What is Section 115BAC – The New Tax Regime?Section 115BAC, introduced in the Budget 2020, established a new tax regime effective from FY 2020-21 (AY 2021-22). This regime offers reduced…
Relief Under Section 89(1) of the Income Tax ActSection 89(1) of the Income Tax Act provides relief for income received in arrears or in advance due to changes in taxation…
Form PAS-6: Reconciliation of Share Capital Audit ReportForm PAS-6 is a half-yearly report required from unlisted public companies, detailing changes and status of share capital. This form must be submitted…
Form 26QB plays a crucial role in the deduction of Tax Deducted at Source (TDS) for property sales. Despite its importance, errors can occasionally occur during its submission. If you…
Learn about Advance Tax according to the Income Tax Act, 1961. Understand compliance procedures, methods for revising income estimates, key deadlines, exemption criteria, applicable tax rates, and the steps to…
For years, F&O traders faced tax audits simply because their turnover exceeded ₹10 Crore. This was due to the formula used for calculating trading turnover, which included option premiums, often…
You can cancel your GST registration if your business is no longer subject to GST rules, you are closing down your business, or if a tax officer initiates the cancellation.…
Leave Encashment - Tax Exemption, Calculation & Formula With Example, RulesHave you heard of the term ‘leave encashment’?Leave encashment is a familiar concept among salaried individuals, allowing employees to convert…
Transfer pricing regulations in India encompass both domestic and international transactions that surpass a specified threshold in terms of transaction value. The provisions for transfer pricing were incorporated by adding…
Explore transfer pricing in India, key methods (CUP, TNMM, RPM), and compliance with tax rules. Learn how to reduce risk and stay audit-ready.Transfer pricing refers to the pricing of goods,…
Rationalisation of the provision of Charitable Trust and Institutions The income earned by funds, institutions, trusts, universities, educational institutions, hospitals, or medical institutions falling under sub-clause (iv), sub-clause (v), sub-clause (vi),…