by Kaushal Shah | Jun 23, 2021 | Uncategorized
The food crops and cash crops grown the world over are mostly grown in open fields, but there’s a tiny five percent that are grown under controlled and predictable conditions, precisely for the purpose of a harvest that can be more accurately estimated. And this is...
by Kaushal Shah | Jun 23, 2021 | Uncategorized
Information technology (IT) plays a crucial role in chartered accountant profession today, according to experts. Speaking at a technical session at the national conference on ‘Direct taxes’, organized by of Chartered Accountants of India (ICAI) here on Wednesday, Two...
by Kaushal Shah | Jun 23, 2021 | Uncategorized
An unparalleled pace of technological revolution has transformed almost every aspect of our lives. We live in a technological era where we continuously switch between multiple devices for most parts of the day. Innovations in the digital space have now made it...
by Kaushal Shah | Jun 23, 2021 | Uncategorized
Income tax department with a view to encourage savings and investments amongst the taxpayers have provided various deductions from the taxable income under chapter VI A deductions. 80C being the most famous, there are other deductions which are beneficial for the...
by Kaushal Shah | Jun 23, 2021 | Uncategorized
From 1 June 2013, when a buyer buys immovable property (i.e. a building or part of a building or any land other than agricultural land) costing more than Rs 50 lakhs, he has to deduct tax at source (TDS) when he pays the seller. This has been laid out in Section...
