The profession of Chartered Accountancy is much respected in society today. Its a prestigious recognition that many tens of thousands of students aspire to attain. The profession earned this respect partly due
The GST council should consider that taxpayers are the real nation builders. If they will be burdened with such haste compliances and bureaucracy, there will be an adverse impact on trade as in general. The law should punish the evaders but shall not cause harassment to everyone in general who pay their taxes honestly, due to some minor non-compliances.
The author has tried to cover few aspects related to "Determination of Annual Value" in this article related to the Incomes assessed under "House Property"
Some says TDS is a simple, logical and interesting area. On the other hand most of the people are of the opinion that it is Vast, difficult and complicated. For fun professionals says TDS is a TEDIOUS topic (Both TDS and tedious have same pronunciat
Tedious Deduction Scheme Practical Issues In business parlance these days, the word TDS has become synonymous with tedious. The deductor and the deductees who are the affected parties in these transactions are having a to
Dear Tax Payer, Greetings of the Day!! The Joint Committee on Business Process for #GST has submitted it's Report on GST Return. The salient features for proposed #GSTReturn are as below:1. There will be common E-Return for CGST, SGST, IGST and A
STUDENTS IN DILEMMA Yes, appeared for the 12th class ,expecting a moderate or good score (thanks to liberal view of MOHRD to qualify more and more students ) in aggregate or at least in Accountancy, A student of commerce fills up CPT registratio
Wealth Tax Basic Concept Applicability: whole of India from 1st April, 1957. Chargeability: On net Wealth of individual, HUF & Company @ 1% in excess of Rs. 3,00,000 on Valuation Date. Valuation Date: 31st march immedi
Gold and gold-related jewelry are taxed at 3%. Unmounted or unstrung precious stones have a GST rate of 0.25%. Job work related to diamonds and jewelry carries a GST rate of 1.5%.
GST Returns mechanism under GST regime includes electronic filing, uploading of invoice details and auto- generate of Input Tax Credit (ITC)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English