Tax & Compliance

EPF registration in Jharkhand is one more name for Pension Fund. EPF registration is mandatory for business or enterprises having 20 or more employees. EPF is a labour law, which provides social security to employees and labours. EPF goes under the domain of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. EPF Registration is …

EPF registration Read More »

Professional tax registration in Jharkhand is levied and collected by the Commercial Taxes Department of State Governments, in some states by particular Municipal Corporations and majority of the Indian states are collecting this tax. Profession tax is the tax levied and collected by the state governments in India. It is a indirect tax. In India, …

Professional Tax Registration Read More »

Secretarial Audit is compliance audit, it is a part of total compliance management in an organization. The Secretarial Audit is an effective tool for corporate compliance management. The Secretarial Audit is an audit where the Secretarial Auditor expresses an opinion as to whether there subsist appropriate systems and processes in the company proportionate with the …

SECRETARIAL AUDIT Read More »

Tax Deduction and Collection Account Number better known as TAN is a 10-digit alphanumeric number. The number is required to be obtained by all persons who are responsible for deducting or collecting the tax. The alphanumeric number is allotted by the Income Tax (IT) Department under Section 203A of the Income Tax Act, 1961. It …

TAN APPLICATION Read More »

Under the Indian Income Tax Act of 1961, income tax must be deducted at source as per the provisions of the Income Tax Act, 1961. Any payment covered under these provisions shall be paid after deducting a prescribed percentage of income tax. It is overseen by the Central Board for Direct Taxes and is important …

Tax deduction at source Read More »

A permanent account number (PAN) is a ten-character alphanumeric identifier, issued in the form of a laminated “PAN card”, by the Indian Income Tax Department, to any “person” who applies for it or to whom the department allots the number without an application. It can also be obtained in the form of a PDF file. …

Permanent Account Number (PAN) Read More »

Cost audit in Jharkhand may be defined as “the verification of cost records and accounts and a check on the adherence to the prescribed cost accounting procedures and the continuing relevance of such procedures.”Cost audit is the verification of the correctness of cost accounts and a check on the adherence to the cost accounting plan. …

Cost audit Read More »

Income Tax Audit  Income Tax audit, as evident from the name, is aimed at evaluating whether an individual or company has accurately filed the income tax returns of an assessment year. An external agency is mandated to assess returns filed from income, deductions and expenditures and other rules as mentioned by the Income Tax Act, …

Tax Audit Read More »

You cannot copy content of this page