Recent Posts

Is it okay, if I write about Okay?

Is it okay, if I write about Okay? Mr.Vignesh asked me “Can you meet Mr.Avinash?” I said ‘Okay, surely I will meet him’ (used as alright) We went to a new hotel that opened in Jayanagar. After lunch, my colleague Ankush said “ The hotel is good, but the food …

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Registration under Karnataka VAT:

  Karnataka Value Added Tax (VAT) is a levy of tax on the purchase or sale of goods in the State of Karnataka. So, those dealers who are buying or selling goods have to get registered under the provisions of K VAT Act.   Whether every dealer has to get …

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TDS on sale of immovable property

Section 194 IA: Payment on transfer of certain Immovable Property other than Agricultural Land (with effect from 01.06.2013) Vide BUDGET 2013, read with Notification No.39/2013 dated 31st May, 2013, a new Section 194-IA was inserted to Income Tax Act, 1961 in the case of transfer of immovable property (situated in India or abroad/commercial or …

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