File Your Income Tax Return Before 31st July 2024.
IND AS 115 – Revenue Recognition
Revenue recognition is one of the most important accounting principles that can have a direct impact on a company’s financial […]
January 2023
MSME Reporting: Your Ultimate Handbook for Compliance Before the Deadline
Handling the obligations of reporting for Micro, Small, and Medium Enterprises (MSMEs) can be a challenging undertaking. It is crucial
Guidelines for Application of DIN/ Directorship for Person from Countries Sharing Land Border with India
The Ministry of Home Affairs issued a notification on 01 June 2022 seeking to amend the Companies (Appointment and Qualification
Company Registration in Kolkata
Introduction Embarking on company formation in Kolkata, the dynamic capital of West Bengal .Company Registration in Kolkata offers a compelling
Quick Snapshot on IND AS 109 – Financial Instrument
IND AS 109 Financial Instruments deals with the classification, reporting, de-recognition, and measurement requirements of all financial assets and liabilities.
GST on the collection of samples for diagnostic testing by a laboratory
Are sampling services for laboratory diagnostic testing exempt from GST? The collection center has no laboratory. Collects samples from patients
GST on rent of the residential and commercial property
Wondering if you have to charge and collect Goods and Services Tax (GST) on the rent you receive? GST treatment
Applicability of Reverse charge on input services when outward supply is exempt from tax
Typically, taxes are collected by business owners on behalf of customers, who then pay the government. A reverse charge is
Advocates and Legal Services: Is Goods and Services Tax (GST) Applicable?
It is generally assumed that individual lawyers and law firms are exempt from GST on legal services. However, whether GST
Books of Accounts & Records under GST
The Goods and Services Tax Act, 2017 mandate every registered person to maintain true and correct books and records. Failure
Calculation of capital gain on sale of ancestral property
Properties that are inherited up to four generations down the male line—father, grandfather, etc.—are called ancestral properties. However, the Income
Mistakes when purchasing gold
Gold loans have seen a quantum shift in India. This significant increase in the interest rate on gold loans is