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Lohit Poddar

Latest Posts by Lohit Poddar

Myth about US Business entities and reality

January 9, 2024 618 Views 0 comment Print

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.

Choosing the Right US Business Entity: A Comprehensive Guide

December 25, 2023 453 Views 0 comment Print

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.

Save Tax- With Investment or Without Investment

March 24, 2022 4917 Views 0 comment Print

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 […]

Updated Income Tax Return- A Boon Or A Bane???

March 14, 2022 12849 Views 1 comment Print

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 […]

GST- Get Set Ready for section 38

March 2, 2022 47889 Views 1 comment Print

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.

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