TDS notes which I have prepared so far:

🏦PSU Companies 🏦27 PSU Companies with Impressive One-Year Returns [A Thread...]🧵👇

IMP Update on TDS Short deduction demands due to non linkage of Aadhar PAN! Income Tax India has clarified that implementation changes in system for giving benefit of Circular 6/2024 has been completed CPC(TDS) will start reprocessing in first week of June for removing demands👇

🚨IPL 2024 SUMMARY - MEGA THREAD🚨 ------------------------------------------- I have tried to summarise relevant stats for all the 10 teams so this is going to be a long thread!! Keep scrolling through for your favourite team. Summary section for each team has 3 individual

NEW REGIME FOR AY 2024-25- for Individuals Most discussed topic for current year ITR Everything under 4 slides - check slide 1 to 4 Check Tax amount under Old vs New regime comparsion at different Income & deduction level in comment below Here Link to subscribe whole

Section 115BAC of Income Tax Act is Totally changed from AY 2024-25 on-wards and these changes are explained here Note on ITR Filing options Till A.Y. 2023-24 and A.Y. 2024-25 on-wards #IncomeTax #TaxationUpdates

S.44AD & Unrealized Debtors - An important aspect which remains neglected!! Sales corresponding to Debtors which have NOT BEEN REALIZED till the due date [i.e. 31st July] are NOT ELIGIBLE for 6%.Profit @ 8% to be deemed even if the same is realized in prescribed mode (A/c

Happy to share that we have revised the complete look of the marksheet from this attempt specially now it mentions SUCCESSFUL OR UNSUCCESSFUL instead of Pass or Fail as we at Council thought that none of our students is a failure and is only a matter of time for them to get

Anant Ambani gifted Shahruk Khan, Ranveer Singh and his other friends watches worth ₹2 Crores each🤯 But how much tax will they pay on this?🤔 Let’s understand… [A Thread…👇]

Detailed Budget 2024 Highlights related to Direct Taxation. #budget

Features of new capital tax regime. Benefit in tax in new structure for assets appreciation beyond certain threshold as per illustration below:

Taxation of Capital Gains - Salient Points 👉🏻Holding period has been simplified. There are only two holding periods, for listed securities, it is one year, for all other assets, it is two years. 👉🏻Rate for short-term STT paid listed equity, Equity oriented mutual fund and

Income Tax FAQs on Capital Gain Taxation

New Capital Gains Taxation regime ✅An issue has been raised as to what would be the Cost of Acquisition as on 1.4.2001 for properties purchased prior to 2001. ✅For properties (land or building or both) purchased prior to 1.4.2001, the cost of acquisition as on 1.4.2001 shall

🚨 Indexation Restoration Alert - Part II Working of Capital Gain Exemptions in New Scenario Indexation Benefit provided to only Resident Ind./HUF for Land/Building acquired before 23/07/2024 only for Tax Calculation Purpose, which means:- 1) Capital Gain to be mandatorily

Sample Financial Statements & Notes on Accounts for Intra-day Trading, Future & options !! Calculation of Turnover:- Profit transactions from Day Trading+Loss Transactions from Day Trading+Profit txn. from Futures+Loss txn. from Futures+Profit txn.from Options+Loss txn. from

Reporting u/s 269SS & 269T in Income Tax Audit Report (Clause 31 of Form 3CD) #TaxationUpdates

Master Thread on Section 43B(h) Section 43B(h)-Payment based deduction for amount payable to micro and small enterprise 👉Applicable from AY 2024-25 onwards -Not Applicable for Transaction pertaining to on or before 31/03/2023 👉Due Date for Payments -15 Days from Date of

Unlock the Secrets of GSTR-3B Reconciliation with ChatGPT! 🤖 Join 1 Day Certification Course on 12th September with CA Deepak Gupta and discover how ChatGPT can streamline your GSTR-3B reconciliation process with GSTR-2B. Register Now and transform your GST compliance approach

Thread which helps you in Filing Income Tax Audit Report Form 3CA-3CD and 3CB-3CD 1: Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 (Revised 2023) (From ICAI) resource.cdn.icai.org/75812dtc61332.… 2: Quick Referencer for Tax Audit under Section 44AB of the Income