What do you mean by management accounting? ♦ Management Accounting refers to an accounting by managers. also known as managerial accounting . It provides information to internal users. these are employees, employer, banks, managers and etc. ♦ In simple words , where managers perform all the accounting related to management of the organization . and […]
Sometimes we go through the entire judgement but there we find many legal words and we do not know the meaning of those legal words and terms. But we should know the meaning of such words which are used in a judgement to understand a Judgment properly. I have tried here to compile most common […]
Q.1 What are the circumstances in which GST registration can be cancelled? Subsection 1 Any registration granted under this Act may be cancelled by the Proper Officer. The various circumstances and the provisions of the law on this subject have been outlined under Sec. 29 A registration granted can be cancelled by the proper officer, […]
♦ Notification No. 35/2021 – Central Tax has been issued by the CBIC notifying Central Goods and Services Tax (Eight Amendment) Rules, 2021. A brief summary of it is as under: ♦ With effect from a date to be notified, Rule 10A has been amended to prescribe that the bank details which is required to […]
Dear Readers, Kindly note that for below matters related to F Y 2020-21, the due date for filing the applicable GSTR of the September 2021 month, will be the last date to make any changes: Issue No. 1: Omission / change / mistake in your outward supply details (i.e. Sales Invoice / Credit Note / […]
Avoid common mistakes in filing your income tax return. Learn about the incomes that are often overlooked but should be included for accurate tax filing.
ITAT find that order u/s 263 passed by PCIT dwelled into the issue of re-computation of capital gains which is beyond the mandate of limited scrutiny issued by CBDT. Hence, directions of PCIT are beyond selection criteria of scope of scrutiny for instant year cannot be held to be legally valid.
CBIC has notified CGST (Eighth Amendment) Rules, 2021 to amend the existing CGST Rules, 2017, which shall come into force as on the date of its publication in the Official Gazette (except provided otherwise).
