The Finance Act 2016 has introduced a new presumptive income scheme for professionals by inserting a new section 44ADA into the Income Tax Act, 1961.
The capital goods credit in GST is allowed u/s 16(1). However, those that are immovable see some restriction u/s 17(5)(c,d). In this article we examine what cou...
Recently CCT Rajasthan has issued a Circular No. F.26(197)ACCT/MEA/2013 dt. 09.06.14 to resolve problems of ITC mismatch under Rajasthan VAT Act 2003. First of all I appreciate the CCT tha
Unique identification project (Aadhaar Card) was initially conceived by the Planning Commission as an initiative that would provide identification for each resident across the country and would be used primarily as the basis for efficient delivery
This article deals with deduction from income earned from housing projects from AY 2017-2018.
Examination Guidelines:While there is no substitute forhard work, here are a few guidelines that will supplement your efforts inpassing CA/CWA/CS examinations. PreparationStudy from Study Notes of the Institute for all subjects supplemented by othe
Presently the tax structure of India is very complex and Central and State both are charging taxes on goods. Although tax credit mechanism is in place but that too needs to be rationalized. Central is also imposing taxes on services. Lookin
Scenario Manager in Excel A Step Towards Advance Excel (Revised)On Scenario Manager, I have already written an article but that was not properly presented and had some confusions. After getting review from some users, where they suggested that if t
Independent directors are now a crucial part of Indian company law
Taxpayers have reported some issues in filing their Form GSTR 9/9C, which are clarified below: (A) Relating to Annual Return Form GSTR 9: 1. Auto-po...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English