15CA/CB certificate 15CA/CB certificate, The requirements for obtaining the 15CA and 15CB certificates vary based on the nature of the transaction and the guidelines set by the Indian tax authorities. Here are the general requirements for each certificate: Form 15CA Requirements: 1. PAN (Permanent Account Number): The person making the remittance (remitter) must… Read More »
ITR for Salary and Share Trading If you have income from salary and share trading, you will generally need to file ITR-2. ITR-2 is applicable for individuals and Hindu Undivided Families (HUF) who have income from sources other than business or profession. Income from salary and income from share tradings fall under the… Read More »
Heads of income Under the concept of total income, there are various heads or categories of income that are considered for the purpose of computing an individual’s or a business’s overall income. The specific heads of income may vary depending on the tax laws and regulations of a particular country. However, the common heads of… Read More »