As of late, an outpour of demands requesting the government to extend the due date for CFSS is being seen on social media. Consequently, hashtags such as #Extend_CFSS and #CFSSExtension have been trending on Twitter.
Continue Reading »Tax audit extension, These demands mainly pertain to the deadlines under the Income Tax Act for AY 2020-21, and those under the GST Act for FY 2018-19 and 2019-20.
Continue Reading »The internal audit team is responsible for analyzing books of records against GST returns to identify and rectify any mismatch and ensure compliance with the GST laws.
Continue Reading »The GoI has recently notified the draft rules under The Code on Wages 2019. The new rules which are expected to enter into force in April 2021, will potentially have consequences on your take-home salary and retirement corpus.
Continue Reading »An Income Tax Return is a prescribed form in which an assessee declares the income earned and tax paid on such income during a given financial year.
Continue Reading »A Nidhi Company is a type of Non-Banking Financial Company and is mainly created to instill thrift and saving habits among its members. Its dealings are limited to its members only.
Continue Reading »The MCA portal contains details of all the companies incorporated in India. Let us see how a company can change various information related to it on the MCA portal
Continue Reading »The Finance Act 2020 has expanded the scope of equalization levy by introducing Section 165A. Through this, the levy has been extended to non-resident ECO supplying goods and services online.
Continue Reading »Under the Income Tax Act, Form 16, 16A, and 16B refer to TDS certificates issued by the deductor to the deductee, which certify that tax has been deducted.
Continue Reading »The Opt-Out Facility lets certain students carry forward their candidature to the next exam cycle. The opt-out window will be open from Nov 7, 2020, till the end of the exam.
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Accounting
Certification Course on How to Automate Your CA Practice or Business