File Your Income Tax Return Before 31st July 2024.
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
State Wise Collection of GST (Other Than Imports) – From July 2021 to July 2022
The indirect tax system in India is extremely complex. It has long been felt that the complexity of tax structure
Which is better Cloud Accounting or Desktop Accounting?
Companies ultimately have two options when choosing accounting software for their business: cloud-based or desktop. Although desktop software has traditionally
What is the Definition of a Company and its Features?
In India, the Companies Act, 2013 (“Act”), governs the formation and management of companies. A company is a legal entity
Tips to avoid resubmission in Company / LLP Name Reservation Application
Company and LLP name reservation application is an important step in the registration process of any business entity. However, it
Everything you need to know about Class Action Lawsuit
A Class Action is one in which a class or group of persons who have a common grievance band together
Depreciation as per Companies Act, 2013: An Overview
Depreciation is the reduction in the value of an asset over time due to wear and tear, obsolescence, or other
UAE Corporate Tax (UAE CT)
On 3rd October 2022, the Federal Tax Authority issued Federal Decree Law No. 47 of 2022 which shall be effective
New Income Tax Return Forms and Recent Changes that You Need to Know
Income tax is a type of direct tax the central government charges on the income earned during a financial year
Budget 2023 Highlights – Income Tax – Amendments
The Finance Minister, Nirmala Sitharaman, unveiled the Union Budget 2023 on 1st February 2023. Generally, the budget before general elections
Analysis of Impact on Delay Payment to MSME Under Income Tax
The Micro, Small, and Medium Enterprises Development Act, 2006 came into force on 16 June 2006. It consists of six