Tag Archives: #InsurancePolicies

Difference between 80C vs 80CCD: Why is the difference between 80C and 80CCD in the Income Tax Act?

Difference between 80C vs 80CCD

Difference between 80C vs 80CC Difference between 80C vs 80CCD: Section 80C and 80CCD of the Income Tax Act, 1961 offer tax deductions to individuals on specific investments in financial instruments. Under Section 80C, individuals can claim a deduction of up to Rs. 1.5 lakh for investments in various financial instruments such as PPF, ELSS,… Read More »

What are the legal documents required for an audit of a company?

Legal documents for company audit

The legal documents required for an audit of a company may vary depending on the specific requirements of the auditor and the type of audit being conducted. However, some common documents that are typically requested during an audit include: For more information visit this site: https://www.mca.gov.in/ 1.Financial statements as- balance sheets, profit and loss statements,… Read More »