ASSESSMENTAs per Section 2(11) CGST Act 2017- 'Assessment' means determination of tax liability under this Act and includes self-assessment, re-asse
Our Audit performance (whatever the area may be) hinges on effective maintenance of records and documents otherwise the audit team is sure to take us for a ride. Not only this, the accounting department also has to have a good presence of mind as reg
Dear Friends,Everytime the deadlines approches, there seems to be a lot of confusion over if the penalty 271B for failure to "furnish" the Tax Audit Report u/s 44AB. The confusion appears to have arisen due to fragmented reading of circular
THIS IS NOT THE END (MY LIFE v/s MY SELF) First of all I would like to say all the best to all of you for your upcoming result. And I wish that your result will be in your favour. Here I am going to present a hypothetical/imaginary conversation
Updating KYC information is crucial for various purposes, such as Transfer claims, Advance Withdrawal claims, and Permanent Withdrawal claims. Without updated KYC, these claims cannot be processed.
IntroductionThe Point of taxation rules were introduced in 2011 and since then, the govt. has made numerous amendments to it. Recent Changes In case of individuals and firms, where the taxable services provided in
The 2019 Budget is very much talked about since it is the last budget of the present government. Before the budget is presented on the 1st February 2019, here a...
Analysis of CA Final FR New Syllabus Nov'19 paper by Prof. Rahul Malkan
In what is termed as the largest e-commerce deal in the world, Walmart has finally announced the acquisition of Flipkart. Based on the news report, it seems that the acquisition has been made of shares of the Singapore parent of the Indian entity fro
To understand the subject of taxation very first of all we all have to understood the basic concepts relating to taxation just like we have to go through for driving rules before we learn to drive a Car or many times it ha
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English