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Kumar Mc

India

Member since: Sep 26, 2018
Published articles: 13

A Tax Guide for a Youtube Vlogger

In the last few years, we’ve observed the emergence of people making videos related to education, fitness, tips/ideas/classes related to business, reviews of movies,books, gadgets etc and upload it on...

Articles > Finance > Taxes Feb 24, 2019
Cool Cigar Accessories

Founded in 2011, Cigar Conexion is the exclusive importer and distributor of finest hand made and machine made cigars in India, Head Quartered in Bangalore, we provide an unmatched range of premium...

Articles > Food & Beverage > Drinks Mar 04, 2019
Distinction Between Commission and Discount for Purpose of Tds Under Section 194H

Description1. Payment of commission or brokerage liable for TDS under section 194HSection 194H provides for deduction of tax at source from any income by way of commission or brokerage to a resident...

Articles > Finance > Taxes May 26, 2019
Extent of Principal - Agent Relationship in the Context of Schedule I of the Cgst Act

As per section 182 of the Indian Contract Act, 1872, an "agent" is a person employed to do any act for another or to represent another in dealings with the third person. The person for whom such act...

Articles > Finance > Taxes Oct 14, 2019
How to File Income Tax Return Form for Pensioners in India

Income tax is applicable for people who make their ends meet through their pension. A pension is a regular payment made by the state to people of or above the official retirement age and to some...

Articles > Finance > Taxes Sep 19, 2019
Implication of Gst on Transfer of Business - at Glance

1. PrologueCorporate Restructuring through amalgamation, arrangement, mergers, acquisition and takeover has become vital to corporate strategy to day. To attain accelerated growth, corporate in India...

Articles > Finance > Other Oct 09, 2018
Input Tax Credit (Itc) on Motor Vehicles in Gst

1. IntroductionSeamless flow of input tax credit was the core purpose of the GST law after subsuming all the indirect taxes. Here, the admissibility of credit on motor vehicles has emerged as the...

Articles > Finance > Taxes Aug 22, 2019
Key Changes in Itr-1 and Itr-2 Forms for Fy 2018-19

The income tax return (ITR) forms for FY 2018-19 notified by the government are different from those used to file the previous year's returns, keeping the changes in income tax laws made in Budget...

Articles > Finance > Taxes Aug 16, 2019
Know - What is Form 15G? Who Can Submit? How to Fill Form 15G Online?

What is form 15G?Form 15G or 15H has to be submitted by fixed deposit holders at the start of a financial year to the relevant financial entity like a bank. This is done to avoid on the interest...

Articles > Finance > Taxes Oct 12, 2019
Provisions of Section 50B Are Not Applicable if the Transaction is Not a Sale but Exchange

1. Introduction:Section 50B of Income Tax Act, 1961 (for short ‘the Act’) deals with the capital gains in the case of Slump sale.2. Bennett Coleman & Co.case in brief:Recently, in Bennett Coleman...

Articles > Finance > Taxes Jan 11, 2019
Sweet Shop-Cum-Restaurant with Takeaway Facilities

Description1. BackgroundThe assesee is running a shop where it sale and serve sweetmeats, namkeens, cold drinks and other edible items and also restaurant. The dilemma here is related to...

Articles > Finance > Taxes Mar 28, 2019
Tcs on E-Commerce Operators

The Government has notified the effective date of implementation of TCS provisions in GST returns w.e.f. 1.10.2018 (unless extended). This requires E-commerce operators like Amazon, Flipkart, etc. to...

Articles > Finance > Taxes Nov 15, 2018
The Re Imbursement of Actual Expenditure: Attracts Neither Section 194C nor Section 40(a)(IA)

The learned author takes up for discussion a very recent Tribunal decision in which the assesse had made reimbursement of expenditure to a certain party, which the assessing officer treated as payment...

Articles > Finance > Taxes Dec 17, 2018
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Author Bio

Adca is an professional CA firm in Bangalore which provides tax advisory services, company law and accounting outsourcing services for startups, small organisation and developed organisation.