What Is Income?Income is money (or some equivalent value) that an individual or business receives, usually in exchange for providing a good or service or through investing capital. Income is…
IndexIntroduction:Five W’sConcept Of TDSTDS Section under Income Tax ActRules of TDSTAN, Challans, Returns, Forms, TDS certificatesAccounting Impact:Entries and Effect on FinancialsProvision of Non-Compliances: Interest, Late Fees, PenaltyIntroduction:The concept of TDS…
What is MSMEs? In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes:…