Information About Deduction Claimed Against Capital Gains of Deduction under 54 during ITR filing Section 54 of the Income Tax Act, 1961 Section 54 provides tax exemption on long-term capital gains (LTCG) from the sale of a residential property if the gains are reinvested in purchasing or constructing another residential […]
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ITR: Why is Surcharge Added?
Why is Surcharge Added? Surcharge is an additional charge on the tax payable by individuals with high income. The surcharge rates vary based on the level of income. For the financial year 2023-24, the surcharge rates are: In your case, since your tax payable is ₹60,45,058, it falls in the […]
Continue readingITR: Are you eligible to claim exemption in respect of transport allowance to commute between the place of his residence
Are you eligible to claim exemption in respect of transport allowance to commute between the place of his residence and the place of his duty [ Refer Section 10(14)(ii) read with Rule 2BB(2)(11) ] Section 10(14)(ii) This section of the Income Tax Act provides exemptions for specific allowances granted to […]
Continue readingITR: Are you eligible to claim exemption in respect of expenditure incurred on cost of travel on tour or transfer or helper etc
Are you eligible to claim exemption in respect of expenditure incurred on cost of travel on tour or transfer or helper etcAre you eligible to claim exemption[ ReferSection 10(14)(i)read withRule 2BB(1)(a) to (c)] What is This? This question relates to claiming tax exemptions for certain expenses. Applicability It is applicable […]
Continue readingComprehensive Comparison of ITR1, ITR2, ITR3, and ITR4 Forms
ITR1 (Sahaj) Applicability: Resident individuals with total income up to ₹50 lakh ITR2 Applicability: Individuals and HUFs not having income from business/profession ITR3 Applicability: Individuals and HUFs having income from business/profession ITR4 (Sugam) Applicability: Resident individuals, HUFs, and Firms (other than LLP) opting for presumptive taxation Key Points to Note: […]
Continue readingStocks Fundamental: Understanding Company Balance Sheet
What is a Balance Sheet? A balance sheet is a financial statement that provides a snapshot of a company’s financial health at a specific point in time. It outlines what a company owns (assets), owes (liabilities), and the value invested by shareholders (equity). The fundamental equation of a balance […]
Continue readingStocks Fundamental: Company Balance Sheet – What is liability?
Liabilities on a Balance Sheet Liabilities on a balance sheet represent a company’s financial obligations to external parties. Essentially, they are debts that the company owes. Think of it as the opposite of assets, which are things the company owns. Types of Liabilities: Importance of Liabilities: Understanding a company’s liabilities […]
Continue readingTitagarh Wagons: Company Stock Analysis
Titagarh Wagons Limited is a leading manufacturer in the railways and heavy engineering sector in India. They offer a diverse range of products and services, primarily focusing on railway rolling stock, heavy engineering, and shipbuilding. Here are the key products and services offered by Titagarh Wagons: Products: Services: Industry Applications: […]
Continue readingNelco (Naval Electronics Company): Company Stock Analysis
Nelco (Naval Electronics Company) is a part of the Tata Group and provides a wide range of products and services, primarily in the field of electronics and communication technology. Here are the key products and services offered by Nelco: Products: Services: Industry Applications: Nelco leverages its expertise in electronics and […]
Continue readingBalmer Lawrie & Co. Ltd: Company Stock Analysis
Balmer Lawrie & Co. Ltd. is a diversified, multi-location, and multi-product company. It provides a wide range of products and services across various sectors. Here is a list of their key products and services: Products: Services: Additional Services: Balmer Lawrie & Co. Ltd. operates across various sectors, including logistics, industrial […]
Continue readingList of companies in India that manufacture containers
List of ship manufacturing and building companies in India
Cochin Shipyard Limited (CSL) Mazagon Dock Shipbuilders Limited (MDL) Garden Reach Shipbuilders & Engineers Ltd (GRSE) Hindustan Shipyard Limited (HSL) Goa Shipyard Limited (GSL) L&T Shipbuilding ABG Shipyard Limited Bharati Shipyard Limited Tebma Shipyards Limited Reliance Naval and Engineering Limited Shoft Shipyard Private Limited Titagarh Wagons Limited Chowgule and Company […]
Continue readingList of Companies in India Involved in Large-Scale Dredging
Here is a comprehensive list of companies actively involved in large-scale dredging operations in India as of July 2024: 1. Dredging Corporation of India Limited (DCIL) 2. Adani Ports and Special Economic Zone Limited (APSEZ) 3. Larsen & Toubro Limited (L&T) 4. Van Oord 5. Royal Boskalis Westminster N.V. 6. […]
Continue readingDredging corporation of india: Company Stock Analysis
Products and Services of Dredging Corporation of India The Dredging Corporation of India (DCI) is a premier dredging company in India, providing a wide range of dredging and related marine services. Here’s an overview of their products and services: Dredging Services Marine Services Specialized Dredging Equipment Summary The Dredging Corporation […]
Continue readingRail Stocks & Companies Provides Products and Services to the Rail Industry
Here is a comprehensive list of companies listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India that provide products and services to the rail industry: 1. Bharat Heavy Electricals Limited (BHEL) 2. Siemens Limited 3. Titagarh Wagons Limited 4. Texmaco Rail & Engineering Limited […]
Continue readingHitachi Energy: Company Stock Analysis
Products and Services of Hitachi Energy in India Hitachi Energy, formerly known as Hitachi ABB Power Grids, is a leading provider of innovative energy solutions. Their products and services are designed to enhance power infrastructure, improve energy efficiency, and enable a sustainable energy future. Below is an overview of their […]
Continue readingTransformers and Rectifiers: Company Stock Analysis
Products and Services of Transformers and Rectifiers Transformers Rectifiers Services Summary Transformers and Rectifiers Ltd. offers a wide range of products, including power transformers, distribution transformers, special transformers, auto transformers, and dry type transformers. In the rectifiers segment, they provide controlled rectifiers, uncontrolled rectifiers, bridge rectifiers, high voltage rectifiers, and […]
Continue readingHind Rectifiers: Company Stock Analysis
Products and Services of Hind Rectifiers Hind Rectifiers, a prominent name in the field of power electronics, offers a wide range of products and services designed to meet the needs of various industrial and transportation sectors. Here is a detailed overview of their product offerings and services: 1. Power Electronics […]
Continue readingRajesh Export: Company Stock Analysis
About Rajesh Export? Rajesh Exports is a publicly traded company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. It is a major player in the Indian gold and diamond jewellery industry and has a strong international presence. Here are some additional details about […]
Continue readingStocks Fundamental: What is ROCE?
Return on Capital Employed (ROCE) is a financial metric used to evaluate the efficiency and profitability of a company’s capital investments. It measures the returns that a company generates from its capital employed, providing insight into how well the company is using its capital to generate profits. Formula Importance: Interpretation: […]
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