No Statutory Dues Certificate A “no statutory dues certificate” is a document that confirms the absence of any outstanding statutory obligations or dues owed by an individual or organization. It serves as a declaration that all required statutory payments, such as taxes, fees, penalties, or other financial liabilities, have been duly settled. While… Read More »
No statutory dues certificate Understanding the Significance A ‘No Statutory Dues Certificate’ issued by a Chartered Accountant serves as a declaration that the company has met all its statutory obligations concerning taxes, duties, and other dues within the stipulated timelines. This certificate is not merely a formality but a rigorous assessment of financial records… Read More »
CA Turnover Certificate There is no standard or universally recognized “CA turnover certificate format”. Because, it may vary depending on the specific requirements or context in which it is being used. However, if you need a turnover certificate from a Chartered Accountant (CA), you can reach out to a CA or an accounting professional who… Read More »
15CA and 15CB certificate The 15CA and 15CB certificate are documents required by the Indian government for certain types of international transactions involving the transfer of money to non-resident individuals or entities. Here’s an explanation of each certificate: Form 15CA: This form is a declaration of remittance under Section 195(6) of the Income Tax… Read More »
Add Form 15CA and 15CB To add Form 15CA details for Form 15CB, you can follow these steps: 1. Obtain Form 15CB: First, ensure that you have the completed Form 15CB. This form is issue by a Chartered Accountant (CA) and certifies that the remittance is in compliance with the provisions of the Income… Read More »
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 »
Check TDS compliance in Audit Check TDS compliance in audit, To Check TDS compliance in audit, you can follow these steps: Obtain TDS Returns: Request the auditee to provide copies of filed TDS returns (Form 24Q, Form 26Q, etc.) for the relevant assessment years. These returns contain information about the TDS deductions made by the… Read More »
Declaration of Section 206AB Declaration of section 206AB, Section 206AB of the Income Tax Act, 1961, was implemented as part of the Union Budget 2021 and has been in effect since July 1, 2021. This provision mandates designated individuals to withhold tax at an increased rate on particular payments made to individuals who have… Read More »