Form 3CEB and recent amendments as per notification
Form 3CEB and recent amendments as per notificationWhat is Form 3CEB?Form 3CEB is a document required under Indian tax laws. It is a report that needs to be furnished by certain specified persons such as auditors, accountants, or any other person as may be notified by...What is surcharge and who is liable to pay the same
Earning higher income is the dream of almost every single Individual. Money is what drives an individual to perform at his optimum potential. However, in India, if you belong to higher income category then you may have to pay additional tax in the form of surcharge....Clarification from CBDT with respect to Charitable Donations and Application of Income
Charitable trusts and institutions in India can qualify for tax-exempt status under Section 11 of the Income Tax Act if they meet certain conditions. To qualify, the trust or institution must be created for charitable purposes and must apply its income towards these...
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