The ICAI has setup a board named DAAB (Digital Accounting and Assurance Board) to take care and focus on the issues in accounting and assurance arising from the high pace of digitalisation.
As on date, there are only two options to get DIN. One with Incorporation Form and second with the Copy of Board Resolution of the existing Company.
Section 37(1) says that any expenditure, laid out or expended wholly and exclusively for the purpose of business or profession shall be allowed in computing the income chargeable under the head PGBP.
Important clarifications / amendments issued by the Government under GST in July 2021 and early August 2021 along with compliance timelines in August 2021 have been listed in this article.
As per Sec 25(4) of CGST Act, 2017 every branch/office of a company/entity having a separate GSTIN belonging to one legal entity is a distinct person, whether located in the same state or different states.
In India, CA's are engaged in providing services right from the inception of the business till the closure of the business. A business can never grow and prosper without a Chartered Accountant.
It is important for every person to know about themselves before knowing about what is happening to others. It is equally important to be aware of your strength, weakness, beliefs and desires.
ELSS is a sub-category of equity mutual funds whose main objective is to provide tax-saving benefits to the investors under Section 80C of the Income Tax Act, 1961.
Some people say that increasing number of CAs are impacting the value of this course, but is it the actual reason considering that there are just around 3.5 lacs CAs in our country?
Discussing the compliance requirements for the month of August 2021 in three parts i.e. Compliance Calendar for GST, Income Tax and LLP & Company Annual Filing...
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