Income From Other Sources
Basis of Charge Deductions Expenses not Deductible Section 56 Income chargeable to tax under the head “Income from other sources” shall include following: Dividends Income by way of winnings from lotteries, crossword puzzles, races including horse races, card games, gambling or betting of any form or nature whatsoever Any sum received by an employer from…
COMPANIES FRESH START SCHEME – 2020
The Ministry of Corporate Affairs has launched a scheme known as “Companies Fresh Start Scheme, 2020” condoning the delaying filing the documents with Registrar, it relates to the waiver of additional fees & granting of immunity from launching of prosecution or proceedings for imposing penalty on account of delay associated with certain filings. Why CFSS…
Read More