Presumptive Taxation Section- 44AD, 44ADA,44AE

Presumptive Taxation Section- 44AD, 44ADA,44AE According to provision of Income Tax Act,1961 there  is special provision for computing profits and gains of business  on presumptive basis. The  Cental Government of India give some relief to small business man from maintain books of account as per prescribed under section 44AA . Under presumptive Taxation Sections there … Read more Presumptive Taxation Section- 44AD, 44ADA,44AE

Type of GST 

Now Goods and service tax is largest collection of revenue to Central Government of India and State Government Type of GST                                     According the provision of Goods and Service Tax Act 2017. There are three type of GST IGST  mean Integrated  Goods and Service Tax . CGST mean  Central Goods and Service Tax 3.SGST mean  State … Read more Type of GST 

What is relative ? and various other definitions.

What is relative ? and various other definitions. 2(77)    “relative”     with reference to any person, means any one who is related to another, if – They are members of a Hindu Undivided Family, They are husband and wife; or One person is related to the other in such manner as may be prescribed; 2(85)        “small … Read more What is relative ? and various other definitions.

Procedure for resignation of director of a company

Procedure for resignation of director of a company As you know directors appointed are not forever, anyone of them can resign any time according his/her will. According to section 168 of Companies Act 2013 a director may resign from his office by giving a notice in writing to the company and the board shall on … Read more Procedure for resignation of director of a company