Finance
Insights into new provisions of TDS and TCS effective July 2021 Section 194Q (TDS) and Section 206C (1H) (TCS) In the last year, the Government implemented TCS provisions u/s. 206C(1H) for “Seller of Goods” on receipts / advances from / for sales of goods exceeding Rs. 50 Lakhs as consideration Read more…
List of important dates in June 2021 related to Statutory compliances Click on the link below to check all the complainces & its due dates List of important dates in June 2021 related to Statutory compliances Click on the above heading to view full list SY Lodha and Associates syla.in
Indian income tax system follows the income tax slab to impose the tax on the income of an individual or non-individual.In India, the tax is imposed on the income you earned. The tax is applied to the range of income called income tax slabs. The tax slabs change every year Read more…
Are you searching for Income tax due dates/ deadlines. Central board has issued an e-calendar for 2021, isn’t this relieving! The e-calendar will help in filling audit and timely payments for taxpayer’s. This calendar has all the collection of important tax-related deadlines. It was designed as ’Honouring the honest.’ The Read more…
Hi are you searching for Chartered accountant Near Me or CA firms near me for prefessional service or ITR filing. Please read this.Due date for ITR filing for individuals is around the corner; i.e 10th January 2021. Most of the business and Individuals are rushing towards CA for getting their Read more…
A Moratorium Period is a time period during the loan span when the borrower is not compelled to make any repayment. However, it is a waiting period before which repayment via EMIs comes into effect. Normally, the repayment commences after the loan is distributed and the repayment of the loan Read more…
Before digging deep into the difference between Partnership & Proprietorship Firm, one must know what do they actually mean. Proprietorship Firm is the oldest method of business where the business is embodied by only one person. In such firms, there are no formal laws and there is no formal registration Read more…
What are the benefits to MSME? Lets start with What is MSME? MSME stands for Micro, Small, and Medium Enterprises. Any form of enterprise such as proprietorship, partnership, company etc. can get registered as MSME. In accordance with the Micro, Small, and Medium Enterprises Development (MSMED) Act in 2006, the Read more…
COVID-19 has been declared a pandemic by the World Health Organization and presents a significant challenge to people and organizations across the world. As the virus continues to spread, there has been a huge negative bearing on the operating income of all enterprises – be it big or small, a Read more…
The Ministry of Corporate Affairs (‘MCA’) has introduced “COMPANIES FRESH START SCHEME 2020” (‘Scheme’) to enable all companies registered in India to make good of any filing related defaults irrespective of the duration of default and make a fresh start as a fully compliant Indian entity. To provide a similar Read more…