File Your Income Tax Return Before 31st July 2024.
Documents to be submitted for registration of Real Estate Project under RERA, 2016
Real estate sector in India had many disputes existing between home buyers and developers. To resolve such disputes, the Indian […]
Audits under the Customs Act, of 1962
The Central Board of Indirect Taxes and Customs (CBIC) has made the Customs Audit Regulations, 2018 which shall come into
Rectification for Addition of Income under Clause 16(d) of Tax Audit Report
Income tax is an essential source of revenue for the government to meet the expenses of running the country. It
Clause 44 of Tax Audit Report – Breakup of Expenses with & without GST
One of the critical aspects of taxation in India is the Goods and Services Tax (GST) regime, which has radically
International Trade Settlement in Indian Rupee (INR)
The introduction of an International Trade Settlement Mechanism in the Indian Rupee (INR) will expand India’s trade with countries facing
All about Interest Subvention Scheme
The Government of India has launched the Interest Subsidy Scheme (ISS) for farmers by providing loans to them at a
Analysis of Donation To Trusts And Charities under Section 80G
India is a religious and devout country. India has a long tradition of using charitable gifts to achieve spiritual fulfilment
Common Issues, Solution & Suggestion for improvement of functioning of NFAC
Income tax department has now launched Faceless tool for income tax appeals. Under the facility, all cases will be completed
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
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
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