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Benefits Of Starting a Business in India For Foreigners
India, today is considered to be one of the major forces in the global economic market. Though India is a developing economy, its economy has a major impact on global trading. The majority of the world’s leading developed nations are keen to have or expand their ties with India. Thanks to its huge market base […]
#advantages of business in India#business in India#business in india for foreigners#Startup India#StartUp India Movement
Aesha Gandhi
November 01, 2022 at 04:45 AM
Sec 33AB of Income Tax Act, 1961: Development account of Tea, Coffee and Rubber
An amount deposited into a ‘Deposit Account’ or ‘Special Account’ for the utilization of the same for the specified purpose is allowed as a deduction under section 33AB. A deduction under section 33AB of the Income Tax Act is available to an assessee carrying on a business in India of growing and manufacturing tea, coffee, […]
Jain Saloni
October 28, 2022 at 07:24 AM
Topic: Sec 33ABA of income Tax Act, 1961: Site restoration Fund
#incometax #incometaxlaws #deduction #section80C #specialcompanies #incometaxact1961 #taxation The Site Restoration Fund Section 33ABA and Rule 5AD are applicable to all assessees or taxpayers engaged in the business of: prospecting for petroleum or natural gas; extraction or production of petroleum or natural gas; or both in India. The Central Government has entered into an agreement with […]
Harshit Jain
October 25, 2022 at 01:04 PM