Seven Steps to Request form 15CB Certificate

If you wish to remit the funds outside India, the GOI will not simply let you do so. GOI wish to confirm that if the payment is for legitimate purposes, the income tax due on the remittance is duly paid. You need to file form 15CA and form 15CB online…

CHS Audit-What Auditor Wants?

It shall be the responsibility of the Managing Committee of co-operative housing societies (CHS) to get the Accounts Audited within a period of six months from the closure of financial year and in any case before issuance of Notice of the holding of the Annual General Body Meeting. The Society…

Gifting of a property may be a sore experience!

The income tax law is kind enough, it has exempted the gift to close relatives from  income tax. The Gift of immovable property to close relatives can be done on a stamp paper of Rs 500/- only. The Government of Maharashtra has given concession in stamp duty and cess in…

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