Mental Health is the level of psychological well being or an absence of mental illness. It is the state of someone who is functioning at a satisfactory level of emotional and behavioral adjustment
AI has significantly impacted the tax analysis process and the accounting field by automating routine tasks, enhancing data accuracy, and improving decision-making.
The government changed the Rules & Conditions for claiming the Input Tax Credit (ITC) in GSTR-3B CBIC has inserted the new Sub-rule (4) to Rule 36 with effect from 09.10.2019
Section 206C(1H)/194Q states that sellers/buyers must collect TCS/TDS for the sale of any goods of the value or aggregate of such value exceeding INR 50 lakhs in any PY from the buyer/seller.
In continuation to the previous part of the article- Penalties After Incorporation of the Company - Part 1, let us discuss the further.
In this article, we will discuss the provisions of Section 44AA of the Income Tax Act which talks about Presumptive Taxation and its practicality in the finance sector.
Consistency means the quality of behaving or similarly performing things regardless of success or failure. Let us better understand with an example in simple words.
Under IFF, taxpayers may furnish their B2B (only) invoices for the FIRST and SECOND month of the quarter so that the ITC can be passed on to the recipients.
Employee Provident Fund is a savings scheme where both employees and employers contribute a portion of the employee's salary to a fund. This fund is meant t
Vivad se Vishwas Scheme was announced in Budget 2020. The Scheme aims at speedy and hassle-free recovery of these outstanding Income Tax dues. This scheme has come into the force from 17th March, 2020 and the last date to avail this scheme without interest is 30th June, 2020.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English