Articles by CA. Akshat Parakh

avatarView Full Profile

Unlock the door to tax savings with Section 80C!

  CA. Akshat Parakh    28 February 2024 at 08:51

From securing your future with investments in EPF, PPF, or ELSS, to safeguarding your loved ones with life insurance premiums, 80C offers a treasure trove of opportunities.



House Rent Allowance and its exemption calculation

  CA. Akshat Parakh    06 June 2023 at 09:06

For salaried employees house rent allowance is a component of their salary. Unlike basic salary HRA is not fully taxable, a part of it is exempted u/s 10(13A) of Income Tax Act, 1961.



E-invoicing in GST and it applicability

  CA. Akshat Parakh    31 May 2023 at 14:14

'e-Invoicing' means reporting details of specified GST documents to a government-notified portal and obtaining a reference number. It does not mean generating an invoice on the GST portal. The CBIC notified a set of common portals to prepare e-invoice via Notification No.69/2019 - Central Tax.