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Articles by CA. Akshat Parakh

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Unlock the door to tax savings with Section 80C!

Posted by CA. Akshat Parakh 28 February 2024 307 Views

From securing your future with investments in EPF, PPF, or ELSS, to safeguarding your loved ones with life insurance premiums, 80C offers a treasure trove of opportunities.



House Rent Allowance and its exemption calculation

Posted by CA. Akshat Parakh 06 June 2023 8140 Views

For salaried employees house rent allowance is a component of their salary. Unlike basic salary HRA is not fully taxable, a part of it is exempted u/s 10(13A) of Income Tax Act, 1961.



E-invoicing in GST and it applicability

Posted by CA. Akshat Parakh 31 May 2023 7112 Views

'e-Invoicing' means reporting details of specified GST documents to a government-notified portal and obtaining a reference number. It does not mean generating an invoice on the GST portal. The CBIC notified a set of common portals to prepare e-invoice via Notification No.69/2019 - Central Tax.




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