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Sample Disclosure as per ICDS

Posted by Naman Shrimal 08 October 2020 49294 Views

Sample Disclosure as per Income Computation and Disclosure Standards for reporting in Tax Audit report for FY 2016-17.

Pointers of the Ordinance passed to reduce corporate tax to 22%

Posted by Naman Shrimal 27 September 2019 19304 Views

An ordinance has been passed to reduce the corporate tax rate to 22% + surcharge and cess to provide relief to business entities. Businesses have welcomed this slashing of tax rates as a promising step by the Govt. in helping the economy.

Tax audit not applicable for Turnover less than 1 crore

Posted by Naman Shrimal 06 March 2018 31901 Views

Due to amendment in Finance Act, 2016, applicability of Tax audit in cases where turnover < 1 crore and net profit < 8%, tax audit is not applicable

Articles by Naman Shrimal

Sample Disclosure as per ICDS

Pointers of the Ordinance passed to reduce corporate tax to 22%

Tax audit not applicable for Turnover less than 1 crore

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