In view of the vastness of the subject, the complications and listening at many of my colleagues, I have decided to present a small brief on Companies to be formed under the provisions of Companies Act, 1956, the difference between Private
Nilesh Shah writes:Cell: 92246-59941E Mail: nilesh63@vsnl.comWhat the payer of the amount to a non-resident is required to do when he is in dilemma regarding tax to be deducted at source.The payer should adopt the approach as given in section 195
GST and ERP Challenges
This is a big question to those who dont want to be CA, but still enrolled themselves into it. Sorry its not a question its a situation. Because this question starts when a person starts its study
It was end of July and I was coming from burning heat of Delhi. I was more excited to escape the Delhi heat than actually going to a foreign country (China in my case and Beijing to be precise). When I landed and I was more than glad. I was stunned b
Important Dates for filing GSTR-3B and GSTR-1 for availing benefit of Interest & Late Fees
The CBDT in its latest notification introduced Sec 269SU under the Income Tax Act, 1961. The section is applicable to all companies or business entities with a business volume of Rs. 50 crore or more annually. Such entities must provide facilities and accept payments through digital transactions u/s 269SU. Non-compliance of this regulation shall lead to a fine of Rs. 5,000 per day.
In an earlier previous post, we had a look at the basis of perquisite calculation on loans provided to employees and members of their household. According to Rule 3 (7)(i) of the Income Tax rules, the taxable value of benefit an employee derives on a
Discussing Income Tax Deductions u/s 80C, 80CCC, 80CCD(1), 80CCD(1b), 80D, 80E, 80EE, 80EEB, 80G, 80GG, 80GGC, 80TTA, 80TTB, 24(b), and 87A that are applicable for FY 2020-21.
Why CA Office Work Management has become need of the hour?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English