Deductions should be claimed in the income tax return to reduce your taxable income and
Audit
An audit is a systematic and independent examination of financial information of any entity, whether
There must be repatriation of sales proceeds into India
The requirement to repatriate sales proceeds into India is a regulation that is imposed by
Should not be formed by transfer of old machinery
Literally: It means that the new company should not be formed by transferring old machinery from
General principles of conditions to be satisfied
Here are some general principles of conditions to be satisfied: A condition precedent must be
Conditions to be satisfied
The following conditions must be satisfied in order to claim a tax deduction under Section
Conditions to be satisfied
The following conditions must be satisfied in order to claim a tax deduction under Section
Special provisions in respect of newly established undertakings in free trade zone etc. (sec10 A)
Special provisions in respect of newly established undertakings in free trade zone etc. (sec10 A)
Tax free incomes (10&13A)
Tax-free income is any type of income that is not subject to income tax. There
ACCUMULATION LOSS AND UNABSORBED DEPRECIATION ALLOWANCE IN BUSINESS REORGANIZATION OF CO-OPERATIVE BANKS (SEC72AB)
Accumulation loss and unabsorbed depreciation allowance are two important concepts in the context of business