Explore truth behind common myths about US business entities. From tax implications to registration requirements, unravel realities of proprietorship, partnership, LLC, S-Corp, and C-Corp.
Navigate complexities of selecting a business entity in US. Learn about formation, liability, taxation, compliance, and fund-raising options for sole proprietorships, partnerships, LLCs, and corporations.
The March ending of a financial year is not just important for CA’s in completing the income tax assignments for the previous financial year but also for taxpayers in order to invest in different instruments for tax saving purposes. However the perception has changed in recent times and now the taxpayers not only want to […]
The Finance Act, 2022 has introduced a new provision for furnishing of updated return by inserting a new sub-section (8A) in section 139 of the Income Tax Act. The newly inserted section, if to be put in simple words, says if a person has not furnished an original or belated or revised return under the […]
Understanding the changes in section 16 of GST and its impact on input tax credit. Stay informed about the latest amendments in the finance bill.