Articles by Naman Shrimal
View Full Profile
Pointers of the Ordinance passed to reduce corporate tax to 22%
Naman Shrimal 21 September 2019 at 12:50An ordinance has been passed to reduce the corporate tax rate to 22% + surcharge and cess to provide relief to business entities. Businesses have welcomed this slashing of tax rates as a promising step by the Govt. in helping the economy.
Tax audit not applicable for Turnover less than 1 crore
Naman Shrimal 07 September 2017 at 10:40Due to amendment in Finance Act, 2016, applicability of Tax audit in cases where turnover < 1 crore and net profit < 8%, tax audit is not applicable
Sample Disclosure as per ICDS
Naman Shrimal 06 September 2017 at 11:34Sample Disclosure as per Income Computation and Disclosure Standards for reporting in Tax Audit report for FY 2016-17.
Popular Articles
- Consent Letter for GST Registration: A Free Downloadable Template for Easy Compliance
- CA Final Exams Now Three Times a Year - A Boon or Burden?
- Comprehensive Analysis of GST Aspects in Bank Audits
- Case Law: Responsibility of Independent Director for Defaults of Company
- When Rent Crosses Rs 50,000, Even Individuals Become Deductors!
- Income from Social Media Marketing and Its Taxability Analysis for FY 2024-25
- New Financial Year, New Rules: Tax Changes That Will Make (or Break) Your Wallet
- Choosing Between the Composition and Regular Schemes under GST: A Comprehensive Guide
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT
CA Deepak Gupta26 April 2025
CAclubindia
