How to responses DRC-01C Intimation under Rule 88D

3 weeks ago

ITC Mismatch GSTR-2B vs GSTR-3B  - DRC-01C Intimation under Rule 88D New mechanism to deal with Input Tax Credit mismatches between form GSTR-2B and form GSTR-3B was recommended.  Accordingly, CGST Rule… Read More

Hurdles with Hindu Undivided Family Dissolution

3 weeks ago

Hurdles with Hindu Undivided Family Dissolution: The Hindu Undivided Family (HUF) is a recognized legal entity under the Income-tax Act, 1961. It is treated as a separate ‘person’ for tax… Read More

MSME -Buyer fails to make payment in 45 days ?

4 weeks ago

MSME -Buyer fails to make payment in 45 days  MSME APPLICABILITY CRITERIA All manufacturing, service industries, wholesale, and retail traders that fulfil the revised MSME classification criteria of annual turnover… Read More

Tax implications of online gaming under income tax & GST

4 weeks ago

What are the tax implications of online gaming? Introduction: In this article we are giving a clear overview of the taxability of online winnings before the introduction of specific sections… Read More

How you’re taxed when you are NRI ?

4 weeks ago

How you're taxed when you are:   The resident person on a foreign temporary assignment: Rohit worked for four months out of Singapore on a temporary assignment and received during that… Read More

FAQ on 2 tax regimes to choose from: old regime & new regime

4 weeks ago

FAQ on 2 tax regimes to choose from: the old regime and the new regime. Frequently asked questions (FAQ) regarding the two tax regimes in India: the old regime and… Read More

Presumptive Taxation Scheme for Business Section 44AD

1 month ago

Presumptive Taxation Scheme for Business Section 44AD of Income Tax Act Section 44AD of the Income Tax Act provides for a presumptive taxation scheme for businesses. Here are the key… Read More

Statutory Compliance Due date for the April 2024

2 months ago

GST Statutory Compliance Due date for the April 2024 Read More

Analyze a company in less than 5 minutes via using Ratio

2 months ago

How to do a company analysis in less five minutes: Examine the following ratios: 💡Efficiency Ratios • Inventory Turnover:   Cost of Goods Sold ÷ Inventory Measures how many times a… Read More

Late fees under Goods and Services tax law for GSTR-9

2 months ago

How to calculate the late fees under Goods and Services tax law for GSTR-9 To calculate the late fees under Goods and Services tax law for GSTR-9 for the FY… Read More

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