June 30 th is an extremely important deadline for the taxpayers. Here are some exemptions you can claim before June 30th.
Accounting for Bad debt written off is done in two methods, allowance method and Direct written off method.
Letter of credit is a written document issued by the bank on request of its customer, promising to pay a specified sum in a specified currency by a buyer's (or importer's) bank i.e. issuing bank to the seller's (beneficiary or exporter's) bank i.e. accepting bank or negotiating bank or paying bank for providing of goods and services.
Income Tax Slab Rates for the FY 2020-21 and AY 2021-2022. The taxpayers can pay tax under new or concessional rates in FY 2020-21.