India is a land of Gurus. Be it any community, we can find thousands of Ashrams, Sanghs & Maths, where we can find groups of sanyasis. While all Sanyasis ar
WHAT IS ITR 1?ITR-1 form is the simplest one-page form which should be filed by individuals having an income up to Rs. 50 lakhs. This income can be from the fol...
It has been observed that the visits of revenue officers has started. The jurisdictional officer u/s 6(1) is ONLY supposed to come. We find both of them visit w...
The advent of the 21st century has ushered in the era of globalization and has broken away all the trade barriers by transformation of all industries through th...
Valuation: Deposit vs advances:Issue: Levy of GST on the deposits and advances liable? When amount is collected as deposit, then it is not taxable to GST
Topic � Analysis of Income Computation and Disclosure Standards Introduction �Income Computation and Disclosure Standards (better known as ICDS) are
Penalties! Penalties! Penalties!The Income Tax Department levies a lot of hefty penalties for defaults under various provisions of the Income Tax Act, 1961. It ...
Arjun (Fictional Character): Krishna, Does government has made changes in GST law on 13th June 2018?Krishna (Fictional Character):
METHOD OF ACCOUNTING OF GSTGST is levied on the value addition made to the goods and services as it passes on from manufacturer/service provider to the ultimate...
Forgot to make tax-saving investments before 31st March? Here are some expenditures which also qualify as deductions in IT returnsYou must have seen people stru...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English