All you need to know about Employees’ Provident Fund (EPF) - Tax …
WEBNov 12, 2021 · EPF is a retirement benefit scheme for salaried employees in India, governed by the Employees’ Provident Fund Organization (EPFO). Learn about the EPF scheme, its eligibility criteria, contribution rate, distribution, registration procedure and …
Depreciation Rate Chart as per Companies Act 2013 with Related …
WEBApr 11, 2015 · Find the depreciation rates for various tangible and intangible assets under the written down value (WDV) method and the straight line method (SLM) as per the Companies Act 2013. See the useful lives, residual values, and amortisation rates for different types of assets and projects.
Financial Statements-Schedule-III – Companies Act, 2013 - Tax Guru
WEBApr 23, 2015 · Learn how to prepare financial statements for companies in India according to the new Companies Act, 2013 and the accounting standards. See the general instructions, balance sheet, profit and loss account, cash flow statement and other forms in …
Deduction of Employee’s & Employer’s contribution to PF - Tax Guru
WEBJun 16, 2022 · Learn how the Income Tax Act treats the deduction, disallowance, and reallowance of employee and employer contributions to provident fund (PF). Find out the due dates, sections, and conditions for claiming or losing the deduction.
All about Tax Deducted at Source (TDS) - Tax Guru
WEBAug 6, 2018 · TDS is a system where tax is deducted from specified payments such as salary, interest, rent, etc. by the payer and deposited with the government. Learn about the advantages of TDS, how to apply for TAN, and what are Form 16 and Form 16A certificates.
House Rent Allowance (HRA) Exemption Rules & its Tax Benefits
WEBMay 5, 2020 · Learn how to claim HRA deduction as a salaried employee living in a rented house. Find out the conditions, calculations, documentation and FAQs for HRA exemption under Section 10 (13A) of Income Tax Act 1961.
Mandatory Income Tax Return under 7th Proviso to Section 139(1) …
WEBNov 28, 2020 · Learn about the new seventh proviso to Section 139 (1) of the Income Tax Act, 1961 that requires some people to file a return of income even if their total income is below the exemption limit. Find out the conditions and examples of high-value transactions that trigger this provision.
Partner’s Remuneration & Interest under Income Tax Act, 1961
WEBDec 16, 2020 · Learn how to calculate the maximum limit of interest and remuneration to partners under Section 40 (b) of the Income Tax Act, 1961. See an example of how to deduct the allowable amount and the disallowable amount from the book profits of a firm.
List of Allowances/Perquisites/Deductions available to salaried …
WEBOct 21, 2020 · Food coupons are taxable perquisites if they exceed Rs. 50 per meal. The taxable value is the difference between the coupon value and the amount paid by the employee. See other exemptions and deductions for salaried persons.
Interest Payable U/s. 234A, 234B & 234C - Tax Guru
WEBJun 3, 2022 · Learn about the provisions of section 234A, 234B and 234C of the Income-tax Act, which deal with interest levied for delay in filing the return of income, non-payment or short payment of advance tax, and deferment of advance tax. Find out the rate, period and amount of interest, and the manner of computation of interest under the Act.