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April 1st, 2020

The Goods and Services Tax has been gradually maturing into a tax that has integrated the country economically. It has consolidated numerous taxes and cesses to one…

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March 31st, 2020

Meaning of Chartered Accountant Chartered Accountant means a solution oriented person and a person who is awake in those that sleep, and it refers to professional accountant…

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March 30th, 2020

We report on the matters contained in Paragraph 3 of the Companies (Auditor’s Report) Order, 2020 as follows: The company has maintained proper records showing full particulars,…

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March 25th, 2020

INCOME TAX RELATED FY 2018-2019 | AY 2019-2020 ITR last date extended to 30th June 2020 Tax payment made till 30Th June- Interest reduced from 12% to…

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March 17th, 2020

Narendra Modi ran his government against the then existing government led by the Congress party which had mismanaged the economy, fallen into decision paralysis and faced major…

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March 2nd, 2020

Finance Minister Smt. Nirmala Sitharaman presented the first Union Budget of the third decade of the 21st century. The Union Government has spearheaded radical fiscal measures to…

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February 18th, 2020

GST is introduced by Finance Minister of India on 1st july 2017 . It is called one nation one tax . It is a two tier system…

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February 14th, 2020

Income-tax Act, 1961 was brought to tax the income of individuals, Firms, Companies and Association of Person. But in due course of time, corruption entered in the…

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February 14th, 2020

Section 87A of Income-tax Act, 1961 gives maximum rebate in Income-tax of Individuals and HUF of Rs 12,500 to those Assessees whose net taxable income does not…

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December 12th, 2019

People usually argue that hiring a tax consultant is a wastage of money but on the contrary they can prove to be an asset in your life.…

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June 21st, 2019

Quick Requirements to get a Private Limited Company in 5 days Minimum Directors: 2, 1 Indian is must Minimum Promoters/Subscribers: 2 Name of the Company Objects of…

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November 29th, 2019

The Income Tax Return Filing is the process of declaring the total income of a person defines under sub clause (31) of clause 2 of Income Tax…

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June 21st, 2019

1. ITR-1 (Sahaj) Individual Income Tax Return Not Applicable in case of Non-Residents and not ordinarily resident Not for an individual who is either Director in a…

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October 16th, 2019

Delhi is the capital of the Republic of India and also a state for administrative purposes. It is one of the largest metropolises in the country. Delhi…

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December 12th, 2019

Taxation The Indian Taxation system has undergone several reforms, provocative business throughout the country and internationally. Presiding over the tax complexity to escalate the value of the…

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