Indian Tax System

TDS on Sale of Property in 2023: A Complete Guide

Post author:TAXVIC
Post published:July 3, 2023
Post category:Capital Gains Double Taxation Avoidance Financial Planning Income Tax Indian Tax System Legal Provisions PERSONAL FINANCE Property Transactions Real Estate Taxation Taxation in India TDS (Tax Deducted at Source)TDS Procedures
Reading time:14 mins read

Tax Deducted at Source (TDS) is a technique developed by the Indian government to collect taxes at the moment of transaction, assuring a consistent inflow of income. This blog seeks…

insights into tax audits in India, their objectives, applicability, types, and filing requirements. Understand the importance of compliance

Tax Audit in India: Applicability, Types, Compliance, and Penalties

Post author:TAXVIC
Post published:June 7, 2023
Post category:Accounting Practices Auditing Procedures Business Audit Compliance and Regulations Financial Reporting Indian Tax System Penalties and Fines Tax Audit Tax Planning and Savings Taxation in India
Reading time:12 mins read

In India, tax audit is a crucial process designed to ensure transparency, accuracy, and compliance in the financial statements and tax returns of businesses. It is carried out by qualified…