Section 194M of Income Tax Act: As per section of 194M of Income Tax Act applies when the total amount paid to a resident individual, for carrying out any contractual work or…
Day: December 12, 2022
Section 194LA : TDS on Payments of Compensation on Acquisition of certain Immovable Property
Section 194LA of Income Tax Act As per Section 194LA of Income Tax TDS required to deduct if the payment is made to resident person for compensation for the compulsory acquisition of…
Section 194K : TDS on Income From Mutual Fund [New Insertion]
194K of the Income Tax Act: As per of Budget 2020, Dividend Distribution Tax (DDT) was eliminated which is effective as of April 1, 2020, or FY 2020–21. The dividend received by…
Ledger Account Definition, Format, Types, and Example [Latest]
Ledger Account Meaning: Ledger Account is a journal in which a company maintains the data of all the transactions and financial statement. Company’s general ledger account is organized under the general ledger…
