Income Tax Form 13- Application For Lower or Nil Deduction of TDS
Reading Time: 4 minutes Generally any taxpayer who expects his tax to be less than the TDS to be deducted under any section may apply to AO with all necessary evidences for lower deduction of TDS. Especially NRI having no income in India benefit from this when they are selling a property. In this article we have given a brief of Form 13 application for lower deduction of TDS.
How To Change PAN AO Jurisdiction
Reading Time: 3 minutes Paying the house rent is a real burden for the employees, especially those living in the metro cities. If you are receiving HRA, then you don’t need to worry. On the other hand, those who are not receiving HRA can claim a deduction of up to Rs. 60,000 under section 80GG to reduce their tax liability.
Section 17(2) Perquisites Of Income Tax Act 1961
Reading Time: 2 minutes Perquisites – Section 17(2) of Income Tax Act, 1961 are the additional benefits or emoluments attached to the wages or salary of an employee. An employer may provide perquisites in cash or kind. Such perquisites are taxable under the head “Salaries.” The taxable value of perquisites in the hands of the employees is the cost to the employer. In this article we discuss more about the same.
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
