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MSME stands for Micro, Small and Medium Enterprises which was earlier referred to as SSI (Small Scale Business). MSME Division is a department of Central Authorities, accepted underneath The MSMED (Micro, Small, and Medium Enterprises Improvement) Act, 2006. The...
Consent Letter means the place of business is a rented premise or the taxpayer uses the premises of a relative. The owner of the premises must sign the consent letter.
If the premises are rented, then a valid rent/lease agreement...
This article focuses on the essential fundamentals of capital positive factors for income tax
functions in India.
Capital Positive factors imply revenue or acquire that arises from the switch of capital asset which is chargeable to income tax within the 12...
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After resign, Director can’t be held responsible
After resignation, Director can’t be held responsible for daily affairs of Company including Cheques issued and dishonoured.
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Further extended due date
KIND ATTENTION TAXPAYERS!
The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to...
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