"I, CA AKSHAY AGGARWAL, am a Qualified and Practicing Chartered Account and having key interest and expertise in Direct and Indirect taxes. Apart from Chartered Accountancy, my interest in financial markets have persuaded me to persue and clear all the three levels of CFA (USA). I believe my expertise have roots in my internship in a renowned CA firm bagging its place in top 10 firm of India for past few decades and thereafter joining one of the big four audit firms of the world. I have been practicing in Delhi (NSP) since 2017."
Key relaxations and optional tables introduced for GSTR-9 and GSTR-9C filing for FY 2023-24 to simplify the process for taxpayers.
Understand the admissibility of Input Tax Credit (ITC) under GST when goods are delivered to an unregistered cold storage facility.
Article clarifies the confusion surrounding Input Tax Credit (ITC), depreciation, and output tax on Sale of Used vehicles/Cars according to Notification No- 8/2018 (Central Tax Rate) dated 25.01.2018.
Use our GST ITC Utilization Tool to optimize your Input Tax Credit and minimize the challan amount. Our proposed methodology follows the relevant Sections and Rules of the GST Law.
Clarifying GSTs RCM on purchases from unregistered persons: Explore the evolution of Section 9(4) CGST Act from 2017 to present, exemptions, and specific notifications for a clear understanding.
With times, the people search the loopholes in the laws and the lawmakers keep on plucking such loopholes. Such is also the fate of Tax Audit under the Income Tax Act in our country. The efforts of the government to maintain the right balance between the provisions make the tax compliances simple and inexpensive for […]
A detailed step by step approach to identify invoices not paid timely as per Rule 37 through excel spreadsheets for GST ANNUAL RETURN AND GST AUDITS
With the deadline to file DPT-3 inching closer day by day, the professionals are rushing today to prepare/review the necessary data for filing of such form timely as well as accurately. As per Rule 16A(3) of the of the Companies (Acceptance of Deposits) Rules, 2014, “Every company other than Government company shall file a onetime […]
A STANDARD ACCOUNTING PROTOCOL FOR RECONCILIATION OF GST RETURNS WITH BOOKS OF ACCOUNTS With The advent of GST in INDIA, one of Fastest Growing yet among LARGEST Economies of the globe, the destiny of Accounting Framework was set to be changed to bring in more transparency and thereby adoption of more detailed accounting practices. The […]
