What is Section 143(1)?

What is Section 143(1): Have you got a notice under section 143(1)? Don't be concerned! It isn't always accompanied by demand or note for the payment of income tax. It…

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What is Section 192?

What is Section 192: TDS on salary revenue is dealt with in Section 192. It requires any contractor to withhold TDS on payroll payments if the worker's salary reaches the…

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What is Section 54F?

Section 54F - The meaning of capital assets is found in Section 2(14) of the Income Tax Act, 1961. Capital assets are classified into two groups based on holding period:…

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What is Form 15G and 15H?

Form 15G and 15H? - If your overall income is not taxable, what would you do to ensure that your bank may not withhold TDS on interest? When the interest…

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How to Calculate Interest Coverage Ratio?

How to Calculate Interest Coverage Ratio - The ICR assesses a business's potential to charge interest on its accrued obligations. Creditors, lenders, and investors utilize this metric to assess the…

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What is the interest coverage ratio?

The interest coverage ratio evaluates a business's capacity to repay its debt. It is one of the leverage measures which can be utilized to determine a business's financial health. Both…

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