Gift received by any person or persons is taxed in the hands of the recipient under the head Income from other sources and at normal tax rates under Section 56(2)(x) of the Income-tax Act, 1961.
All the food business operators who hold a food license and have an annual turnover of Rs. 12 lakh should deposit the yearly and half-yearly return imperatively and within the scheduled period.
The Utility "GST Invoice Excel Utility cum GST Return Generator V.1 (Mini ERP)" will reduce the time Consuming while GST Compliances filing. This Utility is Designed with Advanced VBA Coding method in Microsoft Excel.
Looking at today's Digital economy and businesses multiplying their growth by way of in-organic growth, it is necessary to step into the Valuation of a Business or Division or Unit of a Firm.
Through this Article we are making an attempt for MSME & Accountants and Small Practitioners who are backbone for GST Compliances and Reconciliations for the respective organization.
What is the process to handle the ERP scenario under GST E-Invoicing where sales accounting entry is posted in the books but IRN generation has failed due to an IRP validation error? Let us discuss.
Unique Document Identification Number (UDIN) is a system generated random alphanumeric number, which defines the authenticity of documents by a Practicing Professional.
While an in-house CFO can help the company to navigate and become financially strong, most MSMEs cannot afford to appoint one. Thus, a virtual CFO with his knowledge and team can provide expert services at an affordable cost.
Deemed Dividend is the dividend that is not actually paid as a dividend but assumed to be a dividend for the purpose of taxation under Section 2(22)(e) of the Income Tax Act.
Discussing the specialization, exam pattern, pass percentage and career scope for Actuarial Science, Statistical Researchers, and Economics.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"