As we all know, CA is a correspondence course where the Institute provides relevant course material to help you in preparing on your own to pass the exams. But ...
Discussing the difference between the terms 'business', 'profession', 'vocation' and 'occupation' in the context of the Income Tax Act, 1961.
There are certain cases in which the assessee fails to opt for the provisions of presumptive taxation because they are not eligible, due to an increase in turnover or receipt of any commission.
INTRODUCTIONGenerally, most people earn a large portion of their total net income through employment income. However, disciplined saving is necessary for after retirement everyday expenditure and under risk of future uncertainty
Employees� provident fundProvident fund scheme is as a retirement benefit scheme. Under this scheme, a stipulated sum is deducted from the salary of the employee as his contribution towards this fund. The employer also generally contributes sim
In this article, I am sharing some important points and suggestions, especially for salaried individuals, who are in the initial years of their earning career.
The term manufacture refers to a process involving the conversion of an input into a completely different output.As per section 2(f) of Central Excise Act, 1944 (CEA), manufacture includes any process: Incidental or ancillary to the completion of a m
For FY 2022-23 (AY 2023-24), the original ITR filing deadline was July 31, 2023, with no late fee. If missed, you can file a belated return by December 31, 2023, but with a late fee and interest.
OPC shall have one Member (Sole Member) and a Nominee (a person who shall; in the event of death or incapacity of original sole Member to contract; become the Member of OPC).
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English