Start-up & Income Tax benefits to start-ups Section 80-IAC provides for a deduction of 100 percent of profits from eligible business activities. This deduction spans a block of three consecutive financial years, allowing startups flexibility in choosing this period within their first five years from the year of incorporation.2. The eligibility criteria include an annual…
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ITAT deletes addition of cash deposits made during demonetization: Shivam Industries Radheshyam Sharma & Co. Vs ACIT (ITAT Delhi) Appeal Number : ITA No. 1612/Del/2021 […]
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How long you have lived somewhere might impact you come Tax Day, especially if you have recently moved. The timing of your move could dictate […]