Income Tax
Introduction to Income Tax Act 1961
In India, Income tax is a tax you pay to the government based on your income. The government uses this tax money for vario…
In India, Income tax is a tax you pay to the government based on your income. The government uses this tax money for vario…
Accounting is a complex field that uses a specific terminology to describe its concepts and practices. Here are some of the key …
Assessment Year [Sec. - 2 (9)] Meaning and Definition Assessment year refers to a year in which financial year is asse…
Introduction: In the realm of finance and accounting, one crucial aspect that often garners attention is the Capital Account. Th…
In financial accounting, a creditor is a person or organization that is owed money by another person or organization, also known…
What is TDS? TDS is basically a part of income tax. It has to be deducted by a person for certain payments made by them. TD…
HUF is a short form of Hindu Undivided Family. HUF is under in categories of persons under income tax act. The main motive to cr…
Hindi Income tax Accounting Before calculating taxable income first thing is the need that we should know about the residential…
Person includes Individual, Hindu Undivided Family (HUF), a Company, a Firm Associations of Person Body of Individual Loc…
What is Assessee? Assessee is a term used under the Income Tax Act, 1961 in India. It refers to a person or entity who is liable…
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