In this article, we will discuss the common reasons why you may receive an Income Tax notice in India and the remedies to avoid or address them.
CBIC has introduced a new scheme known as ‘Quarterly Return and monthly payment" for the small taxpayers whose aggregate turnover does not exceed Rs. 5.00 cr.
It was Monday evening; as usual, I was coming from the work and walking towards my building. Before I could enter my building entrance, I felt a few droplets of water over my head and over my shoulder. I was wondering where it was coming from. I t
Every student knows the importance of studying. However at times studying can be tedious and boring. Studying is not usually a favorite past time of most students, although there are those who enjoy it. It is however a necessary part of academic li
Whenever an Auditor finds any new investments of either long term or short term of unrelated assets on the face of company Balance Sheet during audit, there is a need to verify and confirm the source for the investment.
Hey Niraj, am back to seek your help again said Uncle Shrikant to his nephew Niraj Desai. Completely my pleasure uncle, please tell me, how can I be of help to you. Said Niraj Shrikant: As you know, my younger son, Aaka
Now moving ahead to find out the answer of our third question How to manage the components of working capital which will ultimately gives us the overview of Management of Working Capital. For this firstly we need to know what the com
This is an article on Sec 14A read with rule 8D of the Income Tax Act, 1961
NEVER DO MY MISTAKESThe inspiration to convert my trend Never Do my mistakes was the response which I received from the fellow members of CA club. The administrator of CA club and one of the top members of the club encouraged me to convert my trend
TDS is a provision to ensure swift recovery of tax and is done at specified rates on specified payments. The government has amended TDS rates for residents, however, these changes are not applicable to NRIs.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English