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A resource site for beginners with easy to understand income tax, gst, and finance tutorials for mastering the basics and beyond.

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    • Guide to TDS on Interest Income: Section 194A
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    • Section 194T: TDS on Payments to Partners of Partnership Firms
    • Section 194J: TDS on fees for professional or technical services
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Editorial Staff

Ex parte

Updated on December 18, 2023 I By Editorial Staff

Ex Parte is a latin term. It means, done with respect to or in the interest of one side due to non-appearance of the opposition.As per our law, both the parties should be given equal opportunity to present them before passing any order.However, in certain cases, courts may pass an ex parte decree (an official order given by a government). For instance, when after … [Read more...] about Ex parte

Accounting Equation

Updated on December 18, 2023 I By Editorial Staff

Accounting equation is the primary principle of accounting and the basic element of the balance sheet. It states that a company's total assets are equal to the sum of its liabilities and its shareholders' equity.The accounting equation ensures that the balance sheet remains balanced. This means any change in the assets of a company should have equal impact/change in … [Read more...] about Accounting Equation

Please find attached-Meaning and Alternatives

Updated on November 10, 2023 I By Editorial Staff

Please find attached means you are saying that something is attached to your email which needs special attention from the recipient. Its like "please check the attached file". It simply means you are sending the file for the reader’s inspection or analysis.For example: you may say “please find attached a summary of our presentation”. Instead you can say “enclosed … [Read more...] about Please find attached-Meaning and Alternatives

List of business or profession code for company registration

Updated on December 18, 2023 I By Editorial Staff

If the source of income of the proposed company is Income from business/profession, then you need to enter the Business/ Profession Code. Here is the list to help you identify your Business/ Profession Code.Business/Profession CodeBusiness/ Profession1Medical Profession and Business2Engineering3Architecture4Chartered Accountant/Accountancy Technical Consultancy5Interior … [Read more...] about List of business or profession code for company registration

List of Main division of industrial activity code of the Company

Updated on April 20, 2022 I By Editorial Staff

For a Company Registration, you are required to enter Main division of industrial activity of the Company while applying for company name. Similarly, in case of LLP registration, you are required to enter business/professional code.Here is the entire list of Main division of industrial activity of the Company to help you identify your own matching to your … [Read more...] about List of Main division of industrial activity code of the Company

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