Tag Archives: #TaxationExperts

What is 15CB?

Form 15CB   Form 15CB is a certificate issued by a Chartered Accountant (CA) in India. It is require for certain international transactions involving the transfer of money to non-resident individuals or entities. Here’s an explanation of Form 15CB meaning: 1.Purpose: It is use to certify that the remittance being made to a non-resident or… Read More »

Differences between 15CA and 15CB?

Differences between 15CA and 15CB   Differences between 15CA and 15CB, The main differences between 15CA and 15CB lies in their purpose and the entities responsible for their issuance. Here’s a breakdown of the differences between 15CA and 15CB the two forms: Form 15CA: 1.Purpose: Form 15CA is a declaration form that individuals or entities… Read More »

TDS compliance for private limited company?

TDS compliance for Pvt LTD Company   TDS Compliance for a Pvt LTD company involves fulfilling various requirements to deduct and remit TDS on specified transactions. Here are the key aspects of TDS compliance for a private limited company: Obtain TAN (Tax Deduction and Collection Account Number): Ensure that the private limited company has obtained… Read More »

Does everyone need to file ITR?

  Filing ITR Filing ITR, In India, not everyone is required to file an income tax return (ITR). The requirement to file an ITR depends on various factors, including the individual’s age, income level, and the type of income earned during the financial year. Here are some general guidelines regarding who needs to file  Filing ITR:… Read More »

Is ITR filing mandatory?

  Is ITR filing mandatory Filing an Income Tax Return (ITR) is an important responsibility for every taxpayer, but many people often wonder if it is mandatory in every case. The answer depends on various factors such as your income level, age, and sources of income. What is ITR Filing? Income Tax Return (ITR) is… Read More »

Are gst trusts revocable?

  Are GST Trusts Revocable Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in many countries, including India. However, when we talk about GST trusts in a legal context, it generally refers to trusts managing funds related to GST compliance, payments, or any related activities. The… Read More »

GST compliance in India?

  GST Compliance in India GST Compliance, In India, when we talk about GST compliance, it means abiding by the guidelines and regulations established by the Goods and Services Tax (GST) system, which has been implemented by the Government of India: Good and service Tax Registration: Businesses that meet the prescribed turnover threshold are required… Read More »