Articles by CA Santhosh Gupta Kethepalli

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Consignment Accounting: Sales, Commission & More

Posted by CA Santhosh Gupta Kethepalli 03 June 2023 265116 Views

Understand consignment accounting: learn about consignors, consignees, commission types (ordinary, del-credere, over-riding), and account sales.



Gifts & Tax: Understanding Section 56(2)(X) of IT Act

Posted by CA Santhosh Gupta Kethepalli 20 March 2021 13568 Views

Learn how Section 56(2)(X) of the IT Act, 1961, taxes gifts. Discover exemptions and what constitutes taxable property. Get informed now!



GST Credit & Debit Notes: Section 34 CGST Act Explained

Posted by CA Santhosh Gupta Kethepalli 14 March 2021 32735 Views

Understand GST credit and debit notes under Section 34 of the CGST Act. Learn when to issue them, time limits, and their impact on tax liability and ITC.



Claim Input Tax Credit (ITC) Under GST: Your Guide

Posted by CA Santhosh Gupta Kethepalli 06 March 2021 11734 Views

Learn how to claim Input Tax Credit (ITC) under GST. Discover eligibility, conditions, time limits, and utilisation rules for your business.



CGST Act 2017: Understanding Job Work Provisions

Posted by CA Santhosh Gupta Kethepalli 27 February 2021 4114 Views

Explore job work under the CGST Act 2017. Learn about procedures, tax implications, and benefits for principals and job workers. Get informed!



Interest on Home Loan Deduction: Claim Up To £150,000

Posted by CA Santhosh Gupta Kethepalli 23 February 2021 9476 Views

Discover how individuals can claim deductions on interest paid for home loans. Learn eligibility, benefits, and claim up to £150,000 under Section 80EEA.



Tax on Securities Trading: Business Income vs Capital Gains

Posted by CA Santhosh Gupta Kethepalli 13 February 2021 13661 Views

Understand the tax implications of trading securities. Learn whether your gains are business income or capital gains and how to report them.



Understanding GST Tax Collected at Source (TCS)

Posted by CA Santhosh Gupta Kethepalli 08 February 2021 10043 Views

Learn about Tax Collected at Source (TCS) under GST. Discover who's liable, rates, deposit deadlines, and filing requirements for e-commerce operators.



Capital Asset to Stock-in-Trade: Tax Rules | Sec 45(2)

Posted by CA Santhosh Gupta Kethepalli 08 February 2021 16375 Views

Understand Section 45(2) on converting capital assets to stock-in-trade. Learn how and when profits are taxed. Get clarity on your tax obligations.



Ind AS 41 Agriculture: Fair Value Accounting Explained

Posted by CA Santhosh Gupta Kethepalli 02 February 2021 6786 Views

Understand Ind AS 41 Agriculture, its scope, and the shift to fair value accounting for biological assets and produce. Get key insights now.




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