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Damodar Khutwalkar

Latest Posts by Damodar Khutwalkar

Suggestions to Simplify GST RCM and Income Tax TCS Compliance

December 30, 2024 1257 Views 0 comment Print

Proposals to ease GST Reverse Charge Mechanism and TCS compliance. Updates to RCM services and TCS changes on advances can simplify tax compliance and improve efficiency.

Impact of August 2024 Monetary Policy Committee meeting in simple language

August 8, 2024 417 Views 0 comment Print

RBIs August 2024 meeting keeps repo and SDF rates unchanged. Focus on reducing inflation and enhancing credit reporting. Impact on loans and payments outlined.

Simplifying reporting of Fixed Deposit with Banks in Ind AS Financial Statements

May 25, 2024 9036 Views 0 comment Print

Learn how to report fixed deposits of varying maturities and categories in Ind AS financial statements with this detailed guide and examples.

Implication of late payments to Micro and Small Enterprises

March 4, 2024 2160 Views 0 comment Print

Learn about the importance of MSMEs in India and the compliance regulations. Discover suggestions to improve MSME search functionality and policy formation.

Understanding Clause No. 44 in Form 3CD of Tax Audit

August 31, 2023 30627 Views 0 comment Print

An in-depth analysis of Clause No. 44 in Form 3CD, its impact on large organizations, challenges faced by the Assessee, and suggested solutions for smoother compliance.

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