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Union Finance Minister Nirmala Sitharaman stated during the presentation of the Union Budget on February 1, 2023, that the average processing time for income tax returns has been lowered from 93 to 16 days. She stated that 45 percent of ITRs are handled within 24 hours. "The administration aims to bring out next-generation universal IT Return forms as well as reinforce the grievance redressal process,".
Which of the following statement is correct?
What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a severe disability?
Application for cancellation of registration shall be submitted electronically in Form ______.
Under Section 205-A, unpaid dividends shall be transferred to Special Dividend's Account after the expiry period of declaration of such dividend. What i...
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
Which of the following statements regarding an auditor's responsibilities is FALSE?
The value of supply should include:
OPC (One person company) shall file a copy of the duly adopted financial statements to the Registrar in _________.
Calculate debt to total assets ratio of the company?
Which of the following are needed for the analysis of the financial statements of a company?