SEC 67 OF SERVICE TAX READ WITH RULE-3 OF SERVICE TAX (DETERMINATION OF VALUE) RULES, 2006. BY ARVIND AGGARWAL. SEC 67(1)(iii) of service tax says that where the amount of the consideration is not ascertainable, then the value will be determined in t
Several organizations have come together to collectively request the FM Smt. Nirmala Sitharaman for an extension in the due date for filing of Tax Audit Report, Transfer Price Audit Report, and Income Tax Return for AY 2020-21.
Took off as a pilot and landed as a CA!I have often faced disappointment in the months of January or July on account of my results of CA Final over the last three years. Something which seemed almost too familiar and disheartening.
It is believed that to get correct picture of financials of a business, the financials of the subsidiaries & joint ventures of the company should be analyzed together. On this premise the concept of consolidation of accounts is devised & is t
Rate wise bifurcation of GST for products and services
BackgroundThe corporate jurisprudence in India enshrines statutory auditors who audit the accounts of a company as representatives of the shareholders who appoint them at every Annual General meeting {AGM} to look after the interests of the sharehold
A. MANDATORY REGISTRATION: The person who is crossing the proposed threshold limit. (i.e. the aggregate turnover in a financial year exceeds Rs.9 lacs/ Rs.5 la
Understanding exemption of 50K to gift to employees by employer.
After having writing articles on How to write in CA Exams and Last Days before CA Exams, I decided to write an article on Danger But Best Period. You might get surprised with the words Danger But Best
Who has to submit return of income? Taxpayer Section under which return to be filed Minimum income to attract the provisions of filing return of income Company or firm 139(1) Any income/loss
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English