Under the Goods and Services Tax (GST) Act 2017, the principal (a person supplying taxable
AVAILABILITY OF CREDIT IN SPECIAL CIRCUMSTANCES
Section 18 of the Central Goods and Services Tax Act, 2017 (CGST Act) deals with
APPORTIONMENT OF CREDIT AND BLOCKED CREDITS
The apportionment of credit and blocked credits are two important concepts under the Goods and
INPUT TAX CREDIT
Eligibility and Conditions for Taking Input Tax Credit (ITC) under GST Act 2017 The Input
TRANSFER TO INTREST PAYABLE ACCOUNT
The country or region you’re referring to: Tax regulations and terminology can vary significantly between countries.
DEEP DISCOUNT BOND
A deep discount bond (DDB) Income Tax is a type of bond that is issued
INTREST TO PROVIDENT FUNDS SEC10(5)
Interest on contributions made to a Provident Fund (PF) is generally exempt from income tax
INTREST PAYABLE TO FUNDS ESTABLISHED FOR THE BENEFITS OF ARMED FORCE
Regimental Funds: These are funds established Income Tax by the armed forces for the welfare
RATE OF TDS UNDER SECTION 192A
Under Section 192A of the Income Tax Act, 1961, the TDS rate on premature withdrawal
WHICH AMOUNT IS SUBJECT TO TAX DEDUCTION UNDER SECTION 192A
Under Section 192A of the Income Tax Act, tax is deducted at source (TDS) on