Goods and Services Tax : (a) integrated tax shall first be utilised towards payment of integrated tax and the amount remaining, if any, may be utilised tow...
Goods and Services Tax : Form GSTR 3B is the first return of GST regime to be filed by registered dealer and not composition dealer. This online return per...
Goods and Services Tax : The GST R1 return is again a most important document which shall be generated through invoice. All the key components of GST R1 sh...
Goods and Services Tax : Composition scheme should be opted by only those manufacturers or traders who sells directly to the consumers. Composition scheme ...
Goods and Services Tax : Any person who is in reverse charge is the happiest man or woman. There life is in good shape. They can take holidays. They can sp...
Kaushal Agrawal Before you start study you must plan. Following questions should be answered. 1. How to study 2. What to study and 3. How much to study. 4. Which topics to leave.
Kaushal Agrawal As soon as you read the title the first thought which will come in mind. Is it possible? Yes it is possible and I have tried it. Awaiting your valuable comments. You will find following topics 1. Types of Heads 2. Sections associated with each heads of Income.
Revise entire Income from Salaries in less than 40 minutes. Very useful for CA, CMA, CS, B. Com students for last time revision. We have used memory techniques so that students are also able to memorise. Topics covered are :
Kaushal Agrawal Revise Income from House Property in 20 minutes. Very useful for CA, CMA, CS, B. Com students for last time revision. Topics covered are : 1. Charging Section u/s 22 2. Computation section u/s 23 3. Deduction section 24 4. Restriction section 25.
The objective of this video is to to do revision of chapter residential status. Those students who have already studied residential status in detail shall find this video very useful. 1. Learn, understand and Memorise sections of residential status
What after 12th commerce…Insight into varied careers for 12th passed commerce students This video shall help 12th passed commerce students to chose the best course in accordance with their abilities and interests. Commerce students are fortunate of having chosen commerce in their 11th standard because it opens the door to many lucrative and esteemed careers […]
Common sense way of subtracting 2 dates. At many places students are required to compute number of days, months and years between 2 dates. For example in computing exemption of gratuity duration of service is required. I have seen student calculating duration of service in fingers.
Kaushal Agrawal Fast track quick revision of set off and carry forward of losses of Indian Income Tax act 1961. Section 70 to 80 deals with set off and carry forward of losses. As per section 70 losses can be set off within their own head. Section 71 allows losses to be set off with […]
Finance Act 2013 has changed the meaning of urban area in relation to agricultural land. The definition of urban area is reflected at 2 places in Income tax act. 1. Capital Asset. Where it says that agricultural land not situated in urban area is not a capital asset. Hence no capital gain can arise.
Kaushal Agrawal Full analysis of Rebate under section 87A introduced by Finance Act 2013. Here we have explained why section 87A was introduced. This video also contains different practical questions on section 87A. To quote section 87A it says that resident individual can claim rebate of upto Rs. 2,000 if his total income do not […]