Tag Archives: Tax Filing Software India

A good business has it’s base built upon a strong financial structure. The most important aspect of this is monitoring cashflows, receivables and payables. Hence choosing the right accounting software is critical. A great business idea can fizzle out without proper financial systems. In today’s day and age, flow of information on a real-time basis […]

In regard to winnings from horse racing issue arises whether TDS is to be deducted both on betting money and prize money for participation of a horse in a race. In this context the following is noticeable:- 1] That section 2[24][ix] of the IT Act defines income to include any winnings from lotteries……races including horse races……..and other games of any […]