Any project to succeed in India should have a steady demand and I do foresee steady growth in the footfalls in the airport because of the huge population base in the state of Uttar Pradesh which has almost population of nearly 23 crores, initially, skeptics had doubts about the viability of Bangalore International Airport Limited (BIAL)
Clubbing of income means adding or including the income of another person (mostly family members) to one's own income. This is allowed under Section 64 of the IT Act.
Running towards future with a mind full of the past will lead us to nowhere. A day enjoyed beautifully with all works done productively will make you more self-satisfied and happy.
While calculating GST on valuation of supply, discount shall not be the part of valuation but up to certain conditions which has been discussed in this article
Royalty is the consideration which is charged by the state government from mine owners on account of excavation from mines which belong to state government.
Many people are getting confused between cryptocurrency and digital currency. So are they the same? ; What is the difference between the two? ; Do we need them? What are all the Myths & Reality surrounding to it? Lets us discuss them in a brief manner.
It is seen that most of the scrutiny proceedings are initiated on the basis of alleged mismatches between the ITC claimed in GSTR-3B and that reflected in 2A for the FY 17-18 in particular. The department has been issuing ASMT-10, DRC-01A and DRC-01 in such cases based on relevant provisions of the Act.
In this article the paper writer has examined the major kinds of insurance expenses incurred by the taxpayer and the restrictions and eligibility to the credit thereof, relevant decisions in this context as well.
Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance of Ind AS 19 & AS 15 (Revised 2005) by Indian Public, Private and Multinational Companies
Important clarifications/ amendments issued by the Government on GST in May/ June 2022 along with compliance timelines in June 2022
Online GST Course - Master the Fundamentals of GST with Practical Insights
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