TDS Rate for F.Y. 2020-21 (A.Y: 2021-22)

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TDS Rate for F.Y. 2020-21 (A.Y: 2021-22) Section Nature of payment Threshold Limit Applicable from 01/04/2020 to 13/05/2020 Applicable from 14/05/2020 to 31/03/2021 Resident Non-resident * Resident Non-resident * Rs. TDS Rate (%) TDS Rate (%) TDS Rate (%) TDS Rate (%) 192 Salaries – Normal slab rate Normal slab Read more about TDS Rate for F.Y. 2020-21 (A.Y: 2021-22)[…]

How to prepare Fund flow

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Fund Flow statement is prepared on accrual basis and to know the changes in financial position of the current year with respect to previous year There are three steps in preparing fund flow- Calculate fund from operation- Under this step, we adjust profit /Loss account balance to know the fund from operation. Example- Net profit Read more about How to prepare Fund flow[…]