Question
Notice to appear issued to respondents is known
as?Solution
CPC S. 27 Summons to defendants. Where a suit has been duly instituted, a summons may be issued to the defendant to appear and answer the claim and may be served in manner prescribed 1 [on such day not beyond thirty days from date of the institution of the suit
A company has book profit of ₹20,00,000 for FY 2024-25. Its normal tax liability computed under the Income Tax Act is ₹3,50,000.
During compu...
Deduction under Section 80C is available up to:
A company owns a block of assets with the following details for the Financial Year 2024-25:
• Opening Written Down Value (WDV) of the block: �...
A salaried employee earns ₹18 lakhs annually. In FY 2024–25, she contributes ₹1.5 lakh to PPF, ₹50,000 to NPS (u/s 80CCD(1B)), and pays ₹2 lak...
Which of the following forms are used for applicable for registration?
A company incurs a loss of ₹5 lakhs in the current financial year. As per Income Tax Act, how is this treated?
GAAP stands for:
Health and Education Cess is leviable at –
A company avails ITC (Input Tax Credit) on office furniture purchase. Later, GST auditor disallows it. Is he right to do so, support your answer with re...
Mr. A (age 45) has income from business ₹8,00,000 and capital gains (LTCG) ₹1,50,000. What is his tax liability? (Assume no deductions)
