Decoding the Bill of entry : Understanding its key terms So Basically a BOE Contains five parts namely , 1. Bill of entry summary 2. Invoice & Valuation Details 3. Duties 4. Additional Duties 5. Other Compliances Part 1 : Bill of Entry Summary 1. IEC – Importer Exporter Code : An unique 10 digit code […]
Budget 2024: Understand how removing indexation can increase taxes on property sales, affect investment decisions, and alter the real estate market.
Explore the Union Budget 2024-25’s key direct tax proposals, including new tax slabs, enhanced deductions, and measures to boost investment and simplify taxation.
When it comes to auditing, planning carefully and doing things accurately are crucial for a successful audit. This easy guide explains the important parts of planning an audit, coming up with a strategy, and carrying out the audit, focusing on the best ways to do it and important things to think about.
Learn about CARO, 2020 guidelines for reporting loans, guarantees, security, and investments by companies to ensure compliance and reliable financial reporting.
Section 54B of Income Tax Act provides relief to individuals or HUF who have transferred their agricultural land and wants to invest the capital gains in Purchasing another Agricultural land.
Discover why external confirmation is crucial in audits, its reliability over internal evidence, and when auditors need it for financial verification.
Explore Section 80JJAA of Income Tax Act, encouraging job creation in India. Learn about conditions, deductions, and benefits for businesses hiring additional employees.
Learn about capital gains exemption on the sale of residential houses under Section 54 of the Income Tax Act, including conditions, examples, and key details.
Discover the tax implications and rates for undisclosed sources of income under Sections 68-69D of the Income Tax Act, 1961. Learn about cash credits, unexplained investments, and more.