Corporate Social Responsibility (CSR) expenses refer to the expenses that a company incurs to conduct activities that benefit society and the environment. These activities can include various activities, such as environmental sustainability programs, philanthropy,...
Undisclosed income, also known as black money or unaccounted income, refers to income that has not been reported to the tax authorities. This typically means that the income has not been declared in the income tax return, and therefore, no taxes have been paid...
In the world of businesses and finances, the most feared factor by any establishment is the occurrence of bad debts. Bad debts are those incomes which were supposed to be realised but those have eventually turned out to be non-collectible. They are considered as an...
In India, every person who dreams to buy a home has the helping ladder of housing loan finances. Home loans not only give financial assistance to buyers but it also provides several tax benefits to taxpayers. Buying a house will also be one of the most important long...
A partnership firm is a separate legal entity in the eyes of income tax act. It is to be assessed as a separate person apart from its partners. A partnership firm must file its Income Tax return reflecting all its business details like turnover, expenditures or...
Simple meaning of rectification is correction of mistakes. In income tax, rectification refers to correction of mistakes or errors or omissions while filing return of income for any particular financial year. After filing return of income, the same is verified and...
Sinewave Computer Services Pvt. Ltd. (ISO 9001-2015 Certified) is 36 years old income tax and HR solutions software development company situated in Pune, Maharashtra, India. We are catering to 20,000+ customer base across India.
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