Do you withdraw cash from a bank in excess of Rs.20 lacs? Then, TDS is applicable (Sec.194N)

Do you withdraw cash from a bank in excess of Rs.20 lacs? Then, TDS is applicable (Sec.194N)

Before 01.07.2020 If any person withdraws cash more than Rs.1 Crore (Single or multiple transactions)...

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E- PAYMENT

Types of E-Payments

E- PAYMENT Simply, the payments that are made through online are known as E-Payment. Here,...

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Restrictions on Cash transaction us 269ST

Restrictions on Cash transaction us 269ST

This section is applicable from 1/4/2017 Introduced with the intention of restricting the Cash Transactions...

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Overdraft vs Cash Credit What's better for you

Overdraft vs Cash Credit What’s better for you

What is an Overdraft (OD) Account? An overdraft is an extension of credit from a...

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FAQ on Section 269SS

FAQs on Section 269SS and 269T

How much Loan or Deposit of Money can be accepted in Cash? -A Loan or...

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Common Credit Rules under GST

Common Credit Rules under GST

Type of ITC & Common Credit A business pays tax when it makes purchases or...

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5 Important Features in Tally that is very useful for the Businesses

5 Important Features in Tally that is very useful for the Businesses

E – Payments from tally Generally, in any business, the process of making bank payments...

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