For income tax audit purposes, individuals with business or professional income must maintain specific documents to ensure accurate reporting and prevent tax evasion. This helps the government collect revenue fairly and scrutinize complex financial transactions.
I know that many students in this country aim high despite their family background, financial strength, family commitments and plethora of other disadvantages
TDS/TCS Rates for FY 2020-21 were revised in the Finance Act 2020. The Finance Act 2020 gave effect to the Budget 2020 changes in existing TDS/TCS Rates or addendum new TDS/TCS Rates, A.Y 2021-22
This article is about the implications of General Anti Avoidance Rules(GAAR) and Place of Effective Management (POEM) with compliance with the Global economy.
There will be a change in Valuation Mechanism relating to valuation of unquoted equity shares for the purposes of section 56 and section 50CA of the Income-tax Act, 1961 as per Draft rules issued by CBDT.
The article talks about the steps you need to take when you get a tough paper in the exam hall.
Profit as business objective
Section 152(3) of the Companies Act 2013 as amended by Companies Amendment Act 2017 states that: No person shall be appointed as a director of a company unless ..
New Development Bank(erstwhile Brics Development Bank)The term BRICS, coined by economist Jim ONeill today reflects in the newest socio-economic bloc on the ever increasing bi-lateral and multilateral arrangements on the global map. Earlier r
GST came into force on 1st July, 2017 and we will be celebrating 6 years of GST this year. Currently, there are 1.39 crore businesses registered under GST.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English