Profit In Lieu Of Salary
Reading Time: < 1 minute Profit in lieu of salary are the payments received or due to the employee by the employer in addition to the wages or salary is known as “Profit in lieu of salary.” In income tax act this amount is treated differently. In this article we try to understand the same
Remuneration To Partners
Reading Time: 3 minutes Remuneration to partners is a very crucial and difficult topic both practically and accounting wise. Income tax sets a different criteria for allowable remuneration to partners, It is very important to know the exact calculation of remuneration to both partners and accountants, and in this we discuss the same.
Lease Agreement
Reading Time: 3 minutes As a property owner, you should know it all, whether you manage properties and rentals full-time or rent out a single property as a supplemental form of income. Whatever the case, everyone wants to know one thing every time: what is the difference between a lease and a rental agreement? That you will understand the differences between the lease agreement and the rental agreement when you will read the full article
Apeda Registration
Reading Time: 4 minutes APEDA is responsible for export promotion and development of scheduled products. The authority aims to grow the scheduled food product industry. Therefore, it provides financial assistance and information related to the development of scheduled products.
INC 20A
Reading Time: 2 minutes As per section 10A of the Companies Act, 2013, Form INC 20A is a one-time declaration for commencement of business. It contains the declaration that all the subscribers to the MOA have paid the total value of the shares. If INC 20A not filed in time the penalty can go upto 50,000Rs
