Goyal Mangal & Company

TDS on Rent of Property under Section 194 IB of Income Tax Act

Introduction Section 194IB is introduced under Finance Act 2017, which states that TDS will be deducted, if rent payment exceeds Rs […]

The process of converting OPC into private or public/ Conversion of private into OPC has been simplified. This can be

Concept of deemed owner Under section 27 of the Income Tax Act,1961 In Case an individual transfers any house property

Section 80C is one of the most popular sections amongst taxpayers as it allows to reduce taxable income by making

Introduction Employee who receive salary from employer and who resides in rented houses, can claim the House Rent Allowance to

Many investors started dealing in the security market in the financial year 2020-21 due to lockdown. They must have dealt

What is Corporate Insolvency? A Company is declared insolvent if it is unable to pay its debts to its creditors

What is Section 8 Company? A Company is referred to as Section 8 Company when it is registered as a

What is E-Commerce? E-Commerce (Electronic Commerce) basically means the supply of goods, products or services or both including digital products

What is a Trademark? A trademark is a recognizable sign, design, or expression capable of distinguishing the goods or services

Table of Content Income Tax Slabs for Individuals in FY 2020-2021 Income Tax Slabs for Senior Citizens in FY 2020-2021

Table of Content What is TDS Rates? In the case of a person other than a Company TDS Rates applicable