Understanding the importance of staying ahead in this digital transformation journey, let's delve into the significance of the Diploma in Information System Audit (DISA) and why it's essential for practicing chartered accountants.
Salary and other benefits provided to managers in exchange for their daily efforts to improve the company's performance are known as managerial remuneration (MR). To calculate Managerial Remuneration, we consider any salary and other perks drawn by Directors, Managing Director and Whole-Time Director, Managing Director and Managers (Directors).
Form 26AS is a tax credit statement maintained by the Department of Income Tax. Form 26AS can viewed and downloaded on the TRACES Portal
In this article we discuss a comprehensive overview that delves into the initiation, timeline, and methodology of GST audits, shedding light on practical considerations.
Gold and gold-related jewelry are taxed at 3%. Unmounted or unstrung precious stones have a GST rate of 0.25%. Job work related to diamonds and jewelry carries a GST rate of 1.5%.
Cost Inflation Index (CII) is a metric used in India. CII for FY 2023-2024 is 348. Check out the year-wise CII from 2001-02.
Interest u/s 234A, 234B and 234C. Know how much interest required to be paid if delay in filing of tax returns, delay in payment of Advance Tax and deferment of Advance Tax.
This guide will help you navigate the process of returning or retiring in India, providing valuable insights.
If your taxable income is below Rs 5 lakh in the financial year 2022-23 (assessment year 2023-24), you may be eligible for a tax rebate under Section 87A of the Income Tax Act, 1961.
Presumptive income scheme simplifies tax calculation for small businesses with gross receipts or turnover less than Rs 2 crore.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English