"Shubhi Khandelwal, a fellow practicing Chartered Accountant, running her own venture in the name of M/s Shubhi Khandelwal and Associates with specialization in the field of Taxation and Audit. With post graduation degree in commerce (M.Com), completed certificate course in CSR from ICSI and in GST from MSME, Govt of India. "
Ensure smooth financial year closure by reconciling sales, ITC, RCM liabilities, and invoice numbering. Avoid penalties and interest by following this step-by-step GST year-end guide.
Businesses with monthly taxable turnover above Rs.50 lakh must pay at least 1% of GST liability in cash. The rule limits 100% ITC utilisation to prevent fraud and ensure genuine economic activity.
Explore the Budget 2024 changes impacting LLPs and partnership firms, including TDS on partner payments and updated remuneration limits.
Important TDS rate changes from October 1, 2024, affecting insurance, rent, commissions, mutual funds, and e-commerce. Learn about the reduced rates and new provisions.
Understand nuances of claiming tax deductions on payments to relatives in business. Learn how Section 40A(2) of Income Tax Act, 1961 impacts you.
Explore intricacies of Sections 269SS, 269T, and 269ST of Income Tax Act, 1961. Learn how these sections aim to curb cash transactions and tax evasion.
Explore details of Clause 44 in Tax Audit Report (Form 3CD) and its GST reporting requirements. Learn how to fill out this crucial section for accurate tax compliance.
Learn about blocked credit under GST, why it’s important, and how it affects Input Tax Credit. Explore conditions for availing ITC and exceptions under Section 17(5) of GST Act.
Discover taxation on cryptocurrencies & digital assets in India. Explore GST implications, income tax rules, reporting, and practical tips for crypto investors.
Explore intricacies of Tax Audit under Income Tax Act 1961. Dive deep into its applicability, tax report components, filing deadlines, penalties, and more.
