India is still facing early days challenges of GST. Many taxpayers are still confused with GST registration requirement. Here, we have covered who is liable for GST Registration. Aggregate Turno...
READ MOREIncome Tax Return is kind of declaration made by the assessee to the government in which an assessee declares the income earned by him from the various sources such as Income from salary, Income from...
READ MORENGO’s can seek registration u/s 12A to claim exemption under Income Tax Act’ 1961, if certain conditions are satisfied. Thus, NGO’s shall get themselves registered for claiming exemp...
READ MOREIt is the high time of the year when taxpayers are looking for the options to save their income tax liability. Since they have to make the investment before 31st March' 2018 to claim the deductio...
READ MOREUninterrupted and seamless chain of input tax credit is one of the key features of Goods and Services Tax. “Input Tax” means the Central tax, State tax, Integrated tax or Union territory t...
READ MOREUnder GST, the person shall furnish the information prior to the commencement of movement of goods of more than Rs.50,000 and generates e-way bill on the E-way portal. It would become mandatory for in...
READ MOREIncome Tax Return is kind of declaration made by the assessee to the government in which an assessee declares the income earned by him from the various sources such as Income from salary, Income from...
READ MOREEqualisation Levy @6% on Digital Ads Equalisation Levy as introduced by Finance Bill 2016 in Union Budget 2016-17, to address the challenge of digital economy. This has been in effect from 1st June 20...
READ MORE“Any person carrying on a business must get accounting records audited if turnover exceeds Rs 1 croreand for professionals it is Rs 50 lakhs.” Turnover Limit for Audit Categ...
READ MORE