RCM Under GST: How To Record Entries In Tally?
RCM Under GST is a system where the tax liability shifts from the supplier to the recipient of services. The […]
Simplified GST Filing: GSTR-1A & IMS to Improve GSTR-3B Filing
Simplified GST filing because the GSTN has introduced a pre-filled GSTR-3B form to make GST filling easier and help taxpayers
e-DRS u/s 245MA of IT Act for Effective Tax Dispute Management
e-DRS is managed by the Central Board of Direct Taxes and aims to reduce litigation and provide relief to eligible
Advance Tax Payment: Facts About Advance And Refund Claims
Advance tax payment is a system wherein taxpayers pay a share of their tax liability before the end of the
PF Withdrawal Limit: Subscribers Can Withdraw Up to Rs 1 Lakh
PF withdrawal limit has been raised from Rs 50,000 to Rs 1,00,000. The announced made by the Union Labour Minister
Tax Audit: 5 Important GST Related Clause
Tax audit report filed in Form 3CD includes various clauses requires the assessee to report details related to GST compliance.
Section 44AD of Income Tax Act: Guide for Small Business Owners
Section 44AD of Income Tax Act aims to give relief to small taxpayers having business income such as taxpayers engaged
Section 44AB of Income Tax Act: Threshold Limits and Applicability
Section 44AB of Income Tax Act means when a person is engaged in business is required to maintain regular books
Tax Audit Report: Changes in Tax Audit Reporting Clauses
Tax Audit Report is a document prepared by a Chartered Accountant. It is prepared after examining thoroughly the financial records
Angel Tax: Impact on Funding Startup in India
Angel tax is levied on unlisted companies who have to pay on the capital they raise through issue of shares.
ITR Refund Scam: Beware and Safeguard Your Wealth
ITR Refund Scam messages have been seen nowadays beware of this scam as fraudsters try to trick people by providing
Tax Audit Due Date: Threshold for Businesses and Professions
Tax audit due date for AY 2024-25 is 30th September 2024. What is a tax audit? A tax audit is