Have you ever think why the government required foreign currency when the people are even now inhabiting India? Let’s understand this with the help of an exemplar if a person is living in India and wants to go foreign for any motive of the job, traveling, education, relocation or […]
Financial statements are censorious to your business. Without them, you would not be able to do things like plan expenses, assure loans, or vend your business. But how do they create? Through the accounting cycle (every so often called the “bookkeeping cycle”).
The accounting cycle is a multi-stage procedure designed to transform all of your company’s raw financial […]
A general ledger performs as a short summary of financial information about the company. The main motive of a general ledger is to show present balances in key areas. A general ledger must have four primary sections: Assets, Liabilities, Income, and Expenses. Assets comprise supplies and cash possess by […]
लेखा मानक वित्तीय रिपोर्टिंग और इसकी स्थिति के जोखिम की प्रत्यक्षता को परिष्कृत, बढ़ावा और बढ़ाते हैं।
लेखांकन मानकों को निर्देशित सिद्धांतों के रूप में अंकित किया गया है। लेखा संघ में या सरकारी प्रशासन द्वारा विशेषज्ञता नियामक प्राधिकरण द्वारा प्रस्तुत दस्तावेजों के प्रदर्शन को परिरक्षण से सुसज्जित किया गया है।
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Section 194C basically deals with TDS on Payment to Contractor and Sub-Contractor.
Section 194C states that any individual responsible for paying any sum to the resident contract for carrying out any work (including the supply of labor), in pursuance of a contract between the contractor and the following:
Depreciation rate is mentioned in the Income Tax Act for investments made in furniture, plant, and machinery by an assesses during the FY. The concept of depreciation is mainly used for writing off the cost of an asset over its useful life. It is a compulsory deduction either in the Straight-Line method or […]
