Section 43 B (Allowance Of Deduction on Payment Basis)If the assessee follows mercantile system of accounting actual payment of expenditure during the P.Y is no...
All the companies are required to pay service tax under reverse charge on any remuneration paid to its directors whether in the form of money or otherwise and thresh hold limit of Rs. 10 lakhs will not be applicable on such case. As per the ame
The voluntary tax compliance by the taxpayers considerably widened after the insertion of tax audit under section 44AB in the Income-tax Act, 1961 by the Finance Act, 1984. An important revision to Tax Aud
Employee State Insurance (ESIC) Act, 1948 Objective The Employees State Insurance Act, ESI Act for short, was enacted by the Government of India in 1948. The major objective of the Act was to provide certain benefits to employees in ca
Project report for a bank loan is simply a document that outlines the details of a proposed project, including the project's goals, financial projections, and the collateral being offered to secure the loan.
A proxy is a person, who is appointed by a member to attend and vote at a meeting in the absence of the member.
Accounting Entries covering cases of local as well as Inter-state and also how ITC of CGST, SGST, IGST utilized
Q. What is Income Tax Return Filing? Ans: Return of Income is nothing but an evidence of the income earned by a person (individual, company, LLP, AOP, BOI, and HUF etc.). It is merely mode
TDS (Tax Deducted at Source on payment of interest (or any other service fees) to non Banking financial Companies and Public Financial Institutions. Non Banking Financial Institution A Non Banking financial Company is a company registered un
Dear All, I just wanted to share my interview experience with you all. I really worked hard to get a call from the company as I did not have any references. I applied to the audit division. Initially there was an aptitude test with the follo
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English