FSSAI, Eligibility and Applicability – FSSAI Registration and Licensing
FSSAI, Eligibility and Applicability – FSSAI Registration and Licensing FSSAI, Eligibility and Applicability – FSSAI Registration and Licensing FSSAI stands for Food Safety and Standards Authority of India. This authority ensures that all those who are in the food business, including those involved in manufacturing, processing, storage, distribution, sale, and import of food, follow certain […]
How to filing TDS Return ?
How to filing TDS Return ? Filing TDS (Tax Deducted at Source) returns for government departments in India involves several steps. Here’s a simplified guide to help you through the process: Steps to File TDS Returns for Government Departments: *Obtain TAN*: Ensure that your government department has a Tax Deduction and Collection Account Number (TAN). […]
Tax benefits and compliances for IT Companies in India
Tax benefits and compliances for IT Companies in India Benefits: Section 10AA Deduction: New firms or units providing services in Special Economic Zones (SEZs) are eligible for income tax exemption under Section 10AA of the Income Tax Act. This area is usually found inside a country’s weaker economic areas and is covered by the various […]
iSAFE (India SAFE)
iSAFE (India SAFE) Origin iSAFE, short for, India Simple Agreement for Future Equity, was first introduced in India by 100X.VC, an early-stage investment firm. This move was inspired by US’s ‘Simple Agreement for Future Equity (‘SAFE’)’, an alternative to convertible debt and the brainchild of an American start-up incubator. SAFE is a financing contract between […]
Dematerialisation of Shares
Dematerialisation of Shares Dematerialisation of Shares Paper-based documents, now a hard reality to maintain and keep track on regular basis. It is easy to lose a paper document and also easy to miss an important document in a pile of paper documents. Dematerialization is the process of converting your shares and securities in physical mode […]
Tax Benefits of AIFS
AIF Fund Accounting – Alternative Investment Fuds Tax Benefits of AIFS (Alternative Investment Funds) Introduction A private pooled investment vehicle known as an Alternative Investment Fund, or AIF, makes investments in alternative types of assets such derivatives, real estate, commodities, hedge funds, private equity, and hedge funds. Because the investment amount in AIFs is significantly bigger […]
Various Items for ITC Block Credits / Restricted ITC List
Various Items for ITC Block Credits / Restricted ITC List Various Items for ITC Block Credits / Restricted ITC List As you might be aware, the GST Department is denying ITC Credit on air conditioning, cooling, ventilation systems, etc. In my view, these are part and parcel of today’s needs and should be allowed, but………. 1. […]
ESOP- Employee Stock Option
ESOP Advisory Services in Bangalore ESOP, which stands for Employee Stock Option, is a valuable benefit that companies can offer to their employees. It provides an opportunity for employees to become shareholders in the company, aligning their interests with the company’s success. By granting employees the option to purchase company stock at a predetermined price, […]
INCOME TAX REFUND
Income Tax Refund Services in Bangalore At Chhota CFO, we offer expert income tax refund services in Bangalore to assist individuals and businesses in claiming and processing their income tax refunds efficiently. Our dedicated team of tax professionals is committed to providing personalized assistance and ensuring that our clients receive their refunds promptly and accurately. […]
Angel Taxation for startup
Angel Taxation For Startup Introduction: Angel Taxation in India, as per the Income Tax Act, refers to the tax imposed on the funds raised by startups from angel investors or other external sources, which are considered as “fair market value” by the Income Tax Department. The primary objective of this provision is to prevent startups […]
