What is meant by unlisted equity shares? An unlisted security isa financial instrument that is not traded on a formal exchangebecause it does not meet listing requirements. Trading of unlisted securities is done on the over-the-counter (OTC) market and they are often called OTC securities. What...
(1) The amount of arrears of rent received from a tenant or the unrealised rent realised subsequently from a tenant, as the case may be, by an assessee shall be deemed tobe the income from house propertyin respect of the financial year in which such rent is received or realised, and sh...
What is Schedule AL? Schedule AL is a statement of disclosure of assets and liabilities which the taxpayer shall disclose in the Income Tax Return (ITR). This was introduced from AY 2016-17. Where in the case of an assessee, there is a balance sheet the Schedule AL need not be filed ...
Investment Banker Salary India|Fico Score|Mobile Banking|What Is International Trade|Entrepreneur Skills|Chart of Account|Product Launch|CEO Salary in India|Asset Reconstruction Companies|Total Revenue|Open a Restaurant|194O|Pradhan Mantri Rojgar Yojana|Deferred Tax Asset|Representative Assessee|Manage Finan...
Investment Banker Salary India|Fico Score|Mobile Banking|What Is International Trade|Entrepreneur Skills|Chart of Account|Product Launch|CEO Salary in India|Asset Reconstruction Companies|Total Revenue|Open a Restaurant|194O|Pradhan Mantri Rojgar Yojana|Deferred Tax Asset|Representative Assessee|Manage Finan...
Tarak earns more than Rs one crore. The surcharge calculation on the income of Tarak is shown below. Marginal Relief on Surcharge When an assessee’s taxable income exceeds Rs. 1 crore, he is liable to pay Surcharge at prescribed rates on Income Tax payable by him. However, the amount of...
(CBIC) through the Public Financial Management System after validation of the assessee’s bank account. All communication while this process is in progress will be conducted over email and SMS. It is expected that end-to-end online processing of refunds would facilitate the Government’s ...
What is meant by TDS(Tax Deduction at Source)? TDS (Tax Deduction at Source) means the tax required to be paid by the Assessee, which is deducted by the person (please refer above definition) paying the income to him.
Investment Banker Salary India|Fico Score|Mobile Banking|What Is International Trade|Entrepreneur Skills|Chart of Account|Product Launch|CEO Salary in India|Asset Reconstruction Companies|Total Revenue|Open a Restaurant|194O|Pradhan Mantri Rojgar Yojana|Deferred Tax Asset|Representative Assessee|Manage Finan...