Provisional empanelment status of CA firms along with provisional point score for year 2024-2025 will be available on CAG website www.care.cag.gov.in from 21 May 2024 to 30 May 2024.
Understand Expected Credit Loss (ECL) under Ind AS 109: Learn about recognition, importance, and challenges. Explore practical applications and implications for financial institutions.
Learn about LLP registration in India, its prerequisites, advantages, and how it differs from a private limited company. Discover why LLPs are a popular choice for entrepreneurs.
Explore Section 153A of Income Tax Act, its implications, and judicial interpretations. Learn about search proceedings, panchnama, and assessment challenges.
If you’re earning a salary and living in a rented home, you can benefit from the House Rent Allowance (HRA) under Section 10(13A) of the Income Tax Act, 1961. But did you know that you can still claim this allowance even if you’re residing with your parents? Read on to find out how! House Rent […]
Navigate complexities of personal income tax in India for FY 2023-2024. Learn about filing returns, responding to notices, and optimizing your tax obligations. Get expert insights and avoid common pitfalls.
In this comprehensive guide, we delve deep into the nuances of Form 61A, exploring its significance, eligibility criteria, filing procedures, penalties, and more.
Delve into the taxation of mangoes in India, from exemptions for farmers to GST rates for processed products. Learn how taxes impact the beloved summer fruit.
Reassessment proceedings initiated by officers without jurisdiction and completed by different officers without recording fresh reasons are legally untenable.
Discover eligibility, conditions, exemptions, and examples under Section 54 for capital gains on the transfer of residential house property. Learn who qualifies, what’s required, and how to utilize the benefits.
