In continuation of a 'series of articles' focusing on important amendments backed by likely 'Brainstorming Practical', we are going to learn amendments / changes relating to income chargeable head 'Salary'.
1. Standard Deduction [Section 16(ia)] - Inserted by Finance Act, ..
If you have not claimed ITC for FY:2017-18 till date, March 2019 is the last chance to claim ITC.
If you want to make any corrections or amendments in GST returns for FY:2017-18, March 2019 is the last chance to rectify the same.
If any filings of GSTR-1, GSTR-3B and GSTR-4 ..
This circular was on sales promotional schemes and the availability of tax credit (ITC). It clarified the position of GST as under: A. Free Samples/ Gifts: In business free samples or gifts are given to increase sales and get new customers, wean back those who shifted their loyalty. This is in furth..
MCA introduces new e-form 22A - also known as eForm ACTIVE (Active Company Tagging Identities and Verification)
1) Applicable to?
The Form 22A is applicable to every Company Incorporated on or before 31/12/2017. (However, Companies whose due Financial Statements or Annual Return or both ..
1. How to revise?
Remember its re-vision not re-reading
• Take 2 subjects per day (Combine 1 Practical and 1 Theory)
• 7-8 days for 2 subjects
• Prepare Time Table for 7 days i.e. which topics you will cover on which day. Follow that religi..
Background of GST:
'Goods and Services Tax (GST)'was proposed and given a go-ahead in the year 1999 during a meeting between the Prime Minister Atal Bihari Vajpayee and his economic advisory panel which included three former RBI governors IG Patel, Bimal Jalan and C Rangar..
CA is a course which I would like to compare with a 'Shopping Mall'. This might seem funny, but I'll try and justify the same…So, Can you visualise and describe the public place called 'Shopping mall'?Financially weak person will visualise them with words such as '..
Answer to the Brainstorming Problem: Direct Tax Amendments for May 2019/Nov 2019 Examinations Article 4,
Gross Salary: Rs. 32,90,200 and Taxable Salary: Rs. 32,48,200.
In this article, we are going to learn the amendments relating to the head 'Profits and gains from Business or Profession'..
Being a student of CA Final, you are aware that pattern of assessment in select subjects has been changed from May 2019 examination. Under the revised pattern of assessment, specific weightage for objective type of questions has been given. Such objective type of questions would be in the nature of ..