Recent Posts

Why people are opposing Land acquisition Ordinance?

  First of all, let’s understand the basics of Land acquisition and its process, before we learn about the reasons for opposition. Hope this article helps. Please leave your comments.   What Land acquisition means? Land acquisition refers to the process by which the government forcibly acquires private property for …

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Whether TDS has to be done on Interest paid to NBFC

  Many Small and Medium Enterprises (SME) borrow money (unsecured loans) from Non-Banking Financial Companies (NBFC). Whether interest paid on such loan attracts TDS provisions is a question frequently asked by the accountants. Here is the answer.   As per Section 194A of the Income Tax Act, 1961 a business …

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