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Articles by Dintakurthi Tirumala

80G Tax Deduction Limit

Posted by Dintakurthi Tirumala 21 February 2024 161883 Views

SECTION 80G DEDUCTION ELIGIBLE COMPUTATION According to this section if the donation made to APPROVED FUNDS/CHARITABLE INSTITUTIONS deduction shall be eligible. For the purpose of this section to get deduction/exemption eligibility, donations are c

Fundamentals of Accounting

Posted by Dintakurthi Tirumala 11 November 2013 42415 Views

There are three types of accounts basically in the accounting, all the accounting entries shall be based on this accounts, these account types decides the nature of account and based on such nature of account treatment shall b

Service Vs Business

Posted by Dintakurthi Tirumala 13 March 2012 105715 Views

This is my first Article in this i would like to share some thing about Service Vs Business. To differentiate between Service and Business is very important because 1) services are liable for Service tax whereas business is liable for Sale tax, Vat,