Section 143(1)

Section 143(1)

Letter Of Intimation Under Section 143 (1) Intimation under section 143 (1) is a notice sent to taxpayers containing the amount of tax payable along with interest issued. When you pay income tax [...]

Section 194H - TDS on Commission and Brokerage

Section 194H - TDS on Commission and Brokerage

What Is Section 194H? Under section 194H, income tax is levied on any income earned by an individual through brokerage or commission. In other words, as per section 194h of the income tax act, an [...]

Repo Rate

Repo Rate

What is Repo Rate? Repo rate is the rate at which reserve bank of India lends money to the commercial banks due to shortage of funds. This RBI tool is used by monetary authorities in order to control [...]

Income Tax Return Filing Guide for Doctors

Income Tax Return Filing Guide for Doctors

Whether you are into a noble profession of medicine or education, your income is taxable, if exceeds limit. In a society every job is important. It can’t be said since doctors are into noble [...]

Partnership Deed Format

Partnership Deed Format

What is a Partnership Deed? When two or more persons come together or joins hands in order to set up a business in view of equally distributed profits and losses it is called partnership and as per [...]