In today’s digital age, the need for secure and authentic online transactions has become paramount. One of the most widely used methods to ensure the integrity and security of digital communications and transactions is the Digital Signature Cert ...
The Hindu Undivided Family (HUF) is a unique concept in Indian taxation and inheritance laws. It represents a distinct entity that is separate from its individual members, with its own income, assets, and liabilities. While the concept is deeply ...
The Income Tax Act, 1961 introduces various provisions regarding tax deduction and collection at source. Among these, sections 194Q and 206C(1H) have gained significant attention in recent times. Both provisions deal with tax on business transac ...
Depreciation is a crucial accounting concept that reflects the reduction in value of a fixed asset over time due to usage, wear and tear, or obsolescence. Both the Companies Act, 2013 and the Income Tax Act, 1961 address depreciation, but they d ...
The Companies Act, 2013, provides several exemptions and benefits to small companies in India, recognizing their unique needs and limited resources. Below is a detailed analysis: 1. Definition of a Small Company : As per Section 2(85) of t ...
