Articles by CA Santhosh Gupta Kethepalli

Section 44AD: Presumptive Taxation for Small Businesses

Posted by CA Santhosh Gupta Kethepalli 23 January 2021 17238 Views

Understand Section 44AD of the Income Tax Act for presumptive taxation. Simplify your business taxes and avoid tedious accounting. Learn eligibility and rates.

What is an E-way Bill Under GST? Your Guide

Posted by CA Santhosh Gupta Kethepalli 19 January 2021 4089 Views

Understand the GST E-way bill: when it's required, how to generate it, its validity, and exemptions. Learn the essential rules for moving goods.

Goods Carriage Profit Rules: Section 44AE Explained

Posted by CA Santhosh Gupta Kethepalli 12 January 2021 4060 Views

Understand Section 44AE for goods carriage profits. Learn about presumptive income, allowances, and book-keeping relaxations for small transporters.

Quarterly Return Monthly Payment (QRMP) GST Scheme Explained

Posted by CA Santhosh Gupta Kethepalli 09 January 2021 3504 Views

Understand the QRMP GST scheme for businesses with turnover <= 5 Crores. Learn how to opt-in, file returns, and manage tax payments effectively.

Blocked Input Tax Credit (ITC) Under CGST Act Sec. 17(5)

Posted by CA Santhosh Gupta Kethepalli 09 January 2021 7943 Views

Understand blocked input tax credit (ITC) under Section 17(5) of the CGST Act. Learn which expenses are ineligible for ITC and explore common exceptions.

GST Composition Scheme: Simplify Your Tax Compliance

Posted by CA Santhosh Gupta Kethepalli 05 January 2021 9970 Views

Discover the GST Composition Scheme under CGST Act, 2017. Learn eligibility, how to apply, and filing requirements for small businesses. Read now!

Sec 285BA: Statement of Financial Transactions Explained

Posted by CA Santhosh Gupta Kethepalli 03 January 2021 7624 Views

Understand your obligations under Sec 285BA of the IT Act for reporting financial transactions and reportable accounts. Learn about deadlines, penalties, and reporting thresholds.