Insurance underwriters establish pricing for accepted insurable risks. The term underwriting means receiving remuneration for the willingness to pay a potential risk.
TCS is the tax payable by a seller which he collects from the buyer at the time of sale. Section 206C of the act governs the goods on which the seller has to collect tax from the purchasers.
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.
Discussing six important Income Tax provisions and sections that are applicable to Milk Co-Operative Societies.
Section 206CC provides that any person whose payments are subject to TCS shall mandatorily furnish his PAN to the collector, failing which, the collector shall collect TCS at the prescribed rate.
The year end milestone is a super important one and needs to be handled smartly. It is important to align the vision of the client with their books of accounts. Discussing 4 tips that will help you achieve the same.
What is the most important ingredient for success? For me, its the clarity of mind. When our mind is clear about what we want to do then nothing can stop us.
The author in this article mentions a few shortcuts to remember the points with ease in Chapter 2 - Audit Planning, Strategy and Execution.
31st March 2021 is just around the corner. Thus, in this article, we are discussing ten major things that you must tick off your checklist before year end.
In this article, we have analyzed and discussed about the reconciliation of GSTR 1, GSTR 2A, GSTR 3B etc., that has to be done by the registered taxpayers under the provisions of the GST Law as on March 31, 2021.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English