GST ITC-02: How to Transfer Unutilized ITC?
The Goods and Services Tax (GST) is a unified, multi-stage, destination-based indirect tax applied to the supply of goods and […]
Section 194R TDS: Tax Implications on Business Perks
Section 194R TDS, introduced in the Income Tax Act, 1961, mandates the deduction of Tax Deducted at Source @ 10%
CTC Full Form in Salary: Is It Same as Gross Salary?
Understanding your salary structure can be confusing, especially with terms like CTC, gross salary, and net salary. CTC stands for
Agricultural Income in India: Exploring Tax Exemptions & Deductions
Agriculture is a vital sector in India, playing a significant role in the country’s economy. Recognising its significance, the Income
CA Exam Form Correction Window for September 2025 Opened
The Institute of Chartered Accountants of India (ICAI) has officially announced the Correction Window for the CA September 2025 Exams.
GST on Flight Tickets: The Surprising Impact on Your Travel Budget
Air travel in India has become more accessible than ever, with millions of passengers flying domestically and internationally each year.
Golden Rules of Accounting: The 3 Main Rules With Example
Golden Rules of Accounting is essential to grasp the basics of financial transactions. These rules form the foundation of double-entry
CPC Full Form in Income Tax
Centralised Processing Centre The Government of India (GOI), based on the recommendations of the Business Process Re-engineering Committee (BPR Committee),
Major Changes in GST Return Filing From July 2025
Changes in GST Return filing from July 2025 aim to streamline the ITC process and offer greater flexibility to taxpayers.
ITR Filing Online for FY 2024-25: ITR-2 and 3 Released
The Income Tax Portal has enabled ITR-1, ITR-2, ITR-3 & ITR-4 Utilities for filing Income Tax Returns for the Assessment
Interest on Late Payment of TDS: Calculation with Formula
The Income Tax Department charges interest for delay in depositing TDS (Tax Deducted at Source). This article explains how interest
Capital Gains Tax Indexation: When it is Required?
Capital Gains Tax in India has seen major updates, especially with the Union Budget 2024. A key aspect in calculating