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Ravi Ladia & Co

Ravi Ladia & Co

TDS on payments to Banks and NBFCs

  • November 21, 2021
  • Posted by kartikay
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20 Nov
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Payments to Banks and Non-Banking Financial Companies (NBFCs), usually in the form of Interest, Commission, Loan Processing Fee/Charges, etc have often been contested at various forums with the Revenue fighting for their...

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Ravi Ladia & Co

TCS on sale of scrap – An unintended controversy

  • November 21, 2021
  • Posted by kartikay
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20 Nov
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TCS on sale of scrap was introduced by the Government as a measure to ensure the availability of data in rather unorganized sectors of the Economy. However, over time this has ended...

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Ravi Ladia & Co

Sec 206AB and 206CCA – Higher Tax Deduction

  • November 21, 2021
  • Posted by kartikay
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20 Nov
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It has always been the Government’s endeavor to widen the tax base and ensure that more and more people file their tax returns in time. A number of steps have been used...

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Ravi Ladia & Co

Bank Accounts for Non-Residents

  • November 21, 2021
  • Posted by kartikay
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20 Nov
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Non-Resident Indians often need to keep an account in India, in order to meet expenses for their parents, or for investments in India or for their retirement planning or for various other...

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Ravi Ladia & Co

SOP for making Payroll entries

  • November 21, 2021
  • Posted by kartikay
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20 Nov
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It has often been observed that different organisations follow different methods of accounting for Payroll. While there is no set formula or rules for the same, the ease and adaptability of the...

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Ravi Ladia & Co

Sec 194Q vs Sec 206C (1H) – Adding chaos to confusion

  • November 20, 2021
  • Posted by kartikay
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20 Nov
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Finance Act 2020 had introduced Sec 206C (1H) – which compelled the seller of goods to collect TCS on sale to eligible buyers subject to certain conditions. Amidst a lot of hue...

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Recent Posts
  • TDS on payments to Banks and NBFCs

    TDS on payments to Banks and NBFCs

    November 20, 2021
  • TCS on sale of scrap – An unintended controversy

    TCS on sale of scrap – An unintended controversy

    November 20, 2021
  • Sec 206AB and 206CCA – Higher Tax Deduction

    Sec 206AB and 206CCA – Higher Tax Deduction

    November 20, 2021
  • Bank Accounts for Non-Residents

    Bank Accounts for Non-Residents

    November 20, 2021
  • SOP for making Payroll entries

    SOP for making Payroll entries

    November 20, 2021
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