Articles by Kapil Rana

Avoid Exceeding This Limit in Mutual Funds, Bank FDs, and Cash Deposit, Otherwise, You May Get a Notice of Income Tax

Posted by Kapil Rana 27 May 2021 18869 Views

Cash transactions and digital deposits are closely monitored by the IT Department, and if you invest more than Rs 10 lakh in mutual funds, stock market, bonds, or debentures, your chances of receiving a notice increases.

Capital Gains and Dividend in Mutual Fund Are Taxable, Notice May Come on Ignoring

Posted by Kapil Rana 14 May 2021 3628 Views

Mainly, mutual funds have two ways of earning. First Capital Gain and Second Dividend Income. Both earnings are taxable. Let us discuss how the same is taxable.

Stay ahead with Business Automation: Automate these Six Tedious Finance Processes

Posted by Kapil Rana 21 October 2019 4691 Views

With the fast-paced advancements taking place, the software has been developed to carry out various business processes.

Will Accountants be Replaced by AI in this Decade?

Posted by Kapil Rana 28 August 2019 27641 Views

Accounting software�has created the fear that one day accountants will become obsolete. AI has made working more efficient and easier in every sector.

7 Tips to Ease Your Income Tax Return Filing Experience

Posted by Kapil Rana 12 August 2019 8720 Views

As the last date of income tax return (ITR) filing date nears, most taxpayers find it confusing to deduce their taxable amount. With the introduction of e-filin...

Things to Consider for NRIs When Filing Returns in India

Posted by Kapil Rana 31 July 2019 17976 Views

There are almost 16 million people of India living overseas which is one of the largest in the world. Many non-resident Indians (NRI) have their own bank accoun...

How Artificial Intelligence is changing Accounting!

Posted by Kapil Rana 12 July 2019 8585 Views

Technological advancements in the accounting department are at its peak. Such developments aim to make work easier for humans. There are a number of companies t...