Explore special provisions in Indian financial and taxation laws empowering women. From savings schemes to tax exemptions, understand the benefits for females.
Discover essential compliance requirements when closing year-end financial statements. Ensure adherence to laws and regulations to maintain accuracy and reliability.
Understanding agricultural income and its implications. Learn about the accounting and reporting requirements for agricultural produce and its nature.
Depreciation is calculated on the asset which is used for the purpose of business and/or profession. For claiming depreciation assessee should be the owner of asset. If such asset is partially owned then proportionate amount of depreciation is allowed to the assessee on the basis of his share in the asset. Depreciation is allowed if […]
Ever wondered why they ask billing and shipping address separately. How to identify whether the transaction is covered under IGST or CGST/SGST? Place of supply (POS) is the answer. This article covers major cases which will help you to determine Place of supply. Export of services- Supplier is located in India, recipient is located outside […]
Hindu undivided family has always been a contradictory topic. There have been many judgments passed and challenged. HUF is not defined under The Income Tax Act. But its taxability is covered under the Act. It is created by Hindu, Jains, Sikhs and Buddhists family. The group of individuals must share common roots. Forming an HUF […]
There are several types of directors in companies and there are several types of companies and then there are certain mandatory rules for companies to appoint certain kind of directors in certain companies. Confused? Probably, yes. This article provides a brief to the various classes of directors and their appointment.
With the emergence of SOCIAL MEDIA not only the world has become a small global village but also people have turned their hobbies into business. Since social media is a large platform where people interact on daily basis which has not only increased the network of a person but has also given wider stage for […]
