INCOME TAX SAVING OPTIONS You can save Tax under Sec 80C & 80D Make investment of Rs 1.5 Lakh under Sec 80C to reduce your taxable income Buy Medical Insurance & claim a deduction up to Rs. 25,000 (Rs 50,000 for Senior Citizens) for medical insurance premium under Section 80D Claim deduction upto Rs 50,000 […]
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[ratings] In a recent circular issued by the Central Board of Indirect Taxes and Customs (CBIC), the board made clarifications on issues related to the furnishing of Bond / Letter of Undertaking ( LUT ) for exports. The circular clarified that a Letter of Undertaking ( LUT ) shall be deemed to be accepted as
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With the development of IT industry there is huge scope for growth not in the IT industry but in all other industries too and the growth of E-Commerce has revolutionized the way of conducting business. The buyers and the sellers are a mere click-of-the-mouse away. Number business organization already starts fructifying their business by using
DOT-COM Companies, Accounting Concepts and “Its Practical Treatments” Read More »
Depreciation, Companies Act 2013 & The Practical Implication: As we all know companies bill is passed by both houses of parliaments and some of is section are applicable from 1-4-2014. i.e. out of 470, 282 sections are applicable and section 123 and schedule II is one of them Before discussing the this, first of
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