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…

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…

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,…

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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…

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…