Bonus shares, also known as scrip dividends or capitalization issues, are an essential aspect of the Indian stock market. They serve as an attractive incentive for shareholders and have gained considerable popularity among investors. In this article, we will delve into the concept of bonus shares, exploring their benefits, implications, and the regulatory framework governing their distribution in India.
Read MoreAs per the Income-tax Act, a person engaged in business or profession is required to maintain regular books of account and further, he has to get his accounts audited. To give relief to small taxpayers from this tedious work, the Income-tax Act has framed the presumptive taxation scheme under sections 44AD and 44ADA.
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American Institute of Certified Public Accountants 
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Federal Reserve Board of USA 
Indian GST FAQs 
Indian Income Tax 
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