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Vivad se Vishwas Scheme was announced in Budget 2020. The Scheme aims at speedy and hassle-free recovery of these outstanding Income Tax dues. This scheme has come into the force from 17th March, 2020 and the last date to avail this scheme without interest is 30th June, 2020.
This article will help you to grasp the new insertions/amendments without going into the depth of each and every section.
This article is intended to make you understand the major impact both in terms of advantages and disadvantages of the adoption of Converged IFRS i.e Indian Accounting standards (Ind AS) on the financial statements and the working of the companies both.
Section 44AE of The Income Tax Act, 1961Special provision for computing profits and gains of business of plying, hiring or leasing goods carriagesThis section a..
As Section 44AD is applicable on business (click here to read in detail), Section 44ADA applies on professionals.It says that if an eligible assessee (professio..
Section 44AB vs 44ADWhen we talk about Presumptive Taxation, then it automatically relates to Tax Audit under Income Tax Act, 1961.At student level, I have seen..
The hot topic of these days is PNB scam. Everyone is sharing on social platforms that PNB is involved in the fraud of Rs. 11,500 crores approx. but everyone is..
A lot of people already predicted that this article is related to their own lives because they can easily relate themselves with the word in heading above "Struggles"
What is it?? Does it really affects our lives??Is there any need to understand it?? The answer is Yes....and the reason will be known to you as
These 3 words NEVER GIVE UP seems to be very common to us as since our childhood, we are listening to the same from our parents, teachers and friends but afte..
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"
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