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CA Darpan Inani: An Inspiration to All

November 6, 2023 6588 Views 0 comment Print

CA Darpan Inani is a qualified Chartered Accountant (CA) and a prolific blind chess player from Vadodara, Gujarat, India. Inani lost his vision at the age of three due to a rare skin condition called Steven Johnson Syndrome. However, he did not let his disability deter him from pursuing his dreams. He began playing chess at […]

Difference Between Revenue Stamp & Postage Stamp: A Comprehensive Guide

November 6, 2023 10107 Views 0 comment Print

Explore differences between revenue stamps and postage stamps in India. Learn their purposes, usage, and their significance in legal, financial, and postal processes.

What is a Cost Sheet and Its Format: A Comprehensive Guide

November 4, 2023 5190 Views 1 comment Print

In this comprehensive guide, we will explore the intricacies of cost sheets, their purpose, the format they follow, and their profound impact on decision-making within organizations.

Biometric Aadhaar Verification for GST Registration – Gujarat & Puducherry

November 4, 2023 8634 Views 0 comment Print

Learn about the Biometric Aadhaar verification process for GST registration applicants in Gujarat and Puducherry. Understand the new rules and how it works.

Rectification of Mistake Under Section 154: A Comprehensive Guide

November 2, 2023 229272 Views 32 comments Print

Article discusses about Order which can be rectified under section 154 of Income Tax Act, 1961, Rectification of Income Tax order which is subject to appeal or revision, Initiation of rectification by whom, Time-limit for rectification, The procedure to be followed for making an application for rectification, etc.

Trading and Profit and Loss Account Format in India

November 2, 2023 5436 Views 0 comment Print

Explore the intricate details of the Trading and Profit and Loss Account format in India, governed by the Companies Act, 2013, and ICAI standards. Delve into components, calculations, and vital insights for comprehensive financial reporting and informed decision-making.

Income Tax Department Records 7.85 Crore ITRs Filed by 31st Oct 2023

November 2, 2023 612 Views 0 comment Print

Ministry of Finance reports a record 7.85 crore ITRs filed for all assessment years by 31st October 2023. Detailed analysis of filing trends and procedures.

CBIC notifies Conditions for GST Appeal Filing with Appellate Authority

November 2, 2023 35310 Views 3 comments Print

Notification No. 53/2023– Central Tax: Appeal procedure for GST cases – Tax Deposit Conditions for filing appeals before Appellate Authorities

Understanding TDS on Cash Withdrawals: A Comprehensive Guide

November 1, 2023 13827 Views 0 comment Print

Dive into the details of TDS on cash withdrawals under Section 194N. Learn about who needs to deduct tax, rates, exemptions, and more in this in-depth analysis.

Understanding Section 112A of the Income Tax Act with FAQs

November 1, 2023 19962 Views 1 comment Print

In this article, we will delve into Section 112A, explaining its key provisions, and provide answers to 25 frequently asked questions (FAQs) to help taxpayers better understand its implications.

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