Popular Articles

Exemption and Taxability of Leave Encashment

Neethi V. Kannanth 06 May 2022 at 11:48

Every salaried person as per labour law is entitled to a minimum number of paid leave every year. However, it is not necessary that an individual employee utilises all the leave he is entitled for a year. In fact, most employers allow the employees an option of carrying forward such unutilised paid leaves.

Accounts & Records to be maintained by registered person in GST

DHARMESH BABUBHAI MISTRY 13 February 2018 at 11:15

Article related to Rules for Accounts and Records under CGST Rules 2017Rule 56. Maintenance of accounts by registered persons- (Rule (1) to (18) Rule 57. Genera..

Income Tax Notice

Aisha 06 January 2023 at 15:24

An income tax notice is a formal communication from the Income Tax Department stating that there is an issue with your tax return or tax payments.

FAQs on Form GSTR-9C

Guest 06 December 2018 at 11:24

Q 1. Are the accounts maintained by the registered taxable person required to be audited by a Chartered Accountant/Cost Accountant under GST?Ans. It has been st..

Introduction to US Tax Returns

Heer Gajjar 31 October 2020 at 17:43

The US Tax returns are broadly classified into 7 main categories. The types of tax returns, description, and their due dates are described in this article.

Budget 2021 | 2% Additional Tax announced on Foreign E-Commerce Giants like Amazon, Flipkart etc.

Prachi Bansal 10 February 2021 at 15:56

CAIT has proposed a 2% additional tax on foreign e-commerce giants such as Amazon, Flipkart, Microsoft, Netflix whether providing services or engaged in the sale of goods, w.e.f 1st April 2021.

GST update on E-way Bill

Pradeep Jain 23 May 2017 at 11:24

GST update on E-way Bill

Consequences of Non / Late Annual Filling with ROC

CS Raunit Gupta 18 November 2019 at 11:04

Financials of a Company are required to be filed with ROC Every Year. Form AOC 4 & MGT-7 are required to be filed with ROC within 30 days & 60 days from the date of AGM of the company respectively. Know what are the consequences that will follow if you don't file your return in time.

How to pull out indian farmers from red

N.Srinivasan 11 May 2015 at 10:26

For ages Indian farmers are suffering with the following multi-dimensional problems. One or the other pulls him to the quick sand. His efforts as well as the Government efforts did not bring desired results. Plan after plan for 60 years, Government t

Mandatory furnishing of correct details in Form GSTR-1, GSTR-3B & GSTR-9

CA Umesh Sharma 29 July 2022 at 09:00

Circular No. 170/02/2022-GST on 6th July 2022 was passed for furnishing correct and proper information about inter state supplies and supplies and amount of ineligible/ blocked Input Tax Credit and reversal thereof in GSTR-1 &3B. Circular No.14/2022-GST on 5th July 2022 stated about GSTR-9 & 9C