As the dates of Income-tax Audit and GST Audit are again approaching fast, there are talks about extending the dates again from 31st December to 31st March. However, is this date extension required?
At present, 93% of Registered Persons under GST are having their AATO of up to Rs. 5 crores, and the date of 30.11.2020 is very significant and crucial for all such registered persons.
Being a CA is an extremely important part of my identity, one which has influenced my professional pursuits in so many ways. Training to be a professional accountant instilled so many skills in me.
In this article, CA Israr Sheikh provides solutions to the November 2020 CA Final - Financial Reporting Paper for New Course. Download the entire paper now!
This cycle's Financial reporting paper was quite lengthy. Nonetheless, the paper was not made to be a tricky one. In fact, except for the one question, the whole paper was fairly easy.
LLP is easy to operate as compared to companies and partnerships. It's a kind of a hybrid between companies and a partnership firm. These are economical while registering as well as while fulfilling ROC compliances.
The Gift Tax was reintroduced in a new form to fill up the vacuum created by the abolition of the Gift tax Act, 1958, and the provisions were included in the Income-Tax law w.e.f. 01.04.2005.
Speculative transaction means a transaction involving a contract for the purchase and sale of commodities, which is periodically or ultimately settled other than by actual delivery or transfer.
In the old course hardly 19% of questions were new, and students could answer them reasonably well. However, the new course paper had almost 33% new and they were of a medium level.
Input Tax Credit is credit available to a person registered under GST on payment of Input Tax. In this article, we will understand the manner to utilize ITC available under various heads of GST.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)