A company may advance any loan including a book debt, or give any guarantee or provide any security in connection with any loan
Rate rationalization has been a key area of concern in the GST regime since its implementation. The multiplicity of tax slabs, which currently include rates such as 0%, 5%, 12%, 18%, and 28%, along with additional cess on specific goods, has led to complexities and debates surrounding simplification and uniformity.
The Income Tax Act, 1961 is an Indian legislation that governs the taxation of income in the country
The main purpose of reviewing a financial statement is to allow professionals to report whether anything has caught their attention which causes them to believe that financial statements aren't prepared in all material respect.
GST Impact on Weekend/Recreational Expenditure
Introduction: Embarking on a journey to pursue higher education, particularly professional courses like Chartered Accountancy (CA), can be an exciting and rewar..
The time for filing of original as well as revised income-tax returns for the FY 2018-19 (AY 2019-20) has been extended to 31st July, 2020.
Filling of unaudited financial statement
The Finance Act, 2007 introduced Fringe Benefit Tax (FBT) on securities or sweat equity shares transferred or allotted by employers under Employee Stock Option Plans. The FBT is to be paid on the Fair Market Value (FMV) of the shares on the date of v
This Article talks about the need so to why one should opt for the Yojana, how it is done and what could be the consequences if it is left unnoticed.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English