TDS (Tax Deducted at Source)
What is TDS? Objectives of TDS Key TDS Rates for FY 2024–25 Payment Type Section Threshold TDS Rate Salary 192 Based on slab As per slab FD Interest (Bank) 194A […]
Simple Summary of Undisclosed Income Tax Provisions
This document simplifies key sections under the Income Tax Act related to hidden or unexplained income, investments, cash, or expenditure. These provisions help the tax department identify and tax ‘black […]
Trust Account Audit
Introduction Indian Trusts Act, 1882 – For private/public trusts. Income Tax Act, 1961 – Sections like 12A & 12AB require registered charitable trusts to get their accounts audited if income exceeds the […]
Forensic Audit
A forensic audit in India is a specialized examination and evaluation of a company’s or individual’s financial records to derive evidence that can be used in a court of law […]
Tax Deduction And Collection Account Number
Introduction A TAN Number (Tax Deduction and Collection Account Number) is a unique 10-character alphanumeric code issued by the Income Tax Department of India to individuals or entities responsible for […]