Author: filewithca

Dividends are a common form of income for investors, typically received from their investments in shares of companies. Understanding the tax implications of dividend income is crucial for efficient financial planning. This article provides a detailed, step-by-step guide on the …

Taxability of Dividend Income for AY 2023-24 | A Comprehensive Guide Read more »

Rural agricultural land in India holds a unique status when it comes to income tax. Understanding where and how to report the sale of such land in your income tax return is crucial to ensure compliance with tax laws and …

Where to Show Sale of Rural Agricultural Land In Income Tax Return | How to Report 2024 Read more »

Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are integral components of India’s tax regime, ensuring the collection of taxes at the source of income. Timely filing of TDS and TCS returns is crucial for compliance and …

Due Dates for E-Filing of TDS & TCS Returns for FY 2023-24: A Comprehensive Guide Read more »

When purchasing property in India, one critical financial obligation you must fulfill is the payment of Tax Deducted at Source (TDS). This measure was implemented by the Indian government under Section 194-IA of the Income Tax Act to combat tax …

How to Pay TDS on Purchase of Property | 2024 Updated Read more »

Understanding a company’s financial health is crucial for investors, analysts, and stakeholders. One of the key documents that provide insight into the financial status of a business is the balance sheet. This article will guide you through the process of …

How to Get a Balance Sheet of a Company: A Comprehensive Guide [2024] Read more »

When navigating the complex world of business structures, two common terms you’ll encounter are “holding company” and “subsidiary company.” These terms are pivotal in corporate finance and business strategy, influencing how companies are structured and managed. This article will explore …

Understanding the Difference Between Holding and Subsidiary Companies | 2024 Read more »

Directors Identification Number (DIN) is a unique identification number assigned to anyone who intends to be a director or an existing company director in India. The concept of a DIN was introduced in India with the Companies Amendment Acts of …

How to Find DIN Number: A Step-by-Step Guide Read more »

When filing Income Tax Returns (ITR) in India, House Rent Allowance (HRA) can be a significant benefit for salaried individuals. HRA is a component of a salary that employers provide for the rented accommodation of the employee. The Income Tax …

How to Claim HRA in ITR: A Comprehensive Guide Read more »

The imposition of Tax Collected at Source (TCS) on high-value transactions, including car purchases, has been a topic of much discussion and scrutiny among buyers in India. As a part of the Income Tax Act, 1961, TCS applies to the …

Navigating Tax Collected at Source on Car | How to Claim TCS Refund? [2024] Read more »

When it comes to managing your Goods and Services Tax (GST) account in India, keeping your information up to date is crucial. One of the changes that businesses might need to make is updating the name of the proprietor on …

How to Change Proprietor Name in GST Portal | 5 Easy Steps [2024] Read more »