Ever since income tax became a reality, people have been trying to find ways to reduce their tax liability. But with so many tax-deductible expenses and exemptions, it can be hard to know which deductions to use and which ones to leave out.
Last chance for GST adjustments in 2021-22! File GSTR1 & GSTR 3B for September by November 30, rectify errors, claim Input Tax Credit, and adjust tax liability.
Stay updated on recent GST changes till October 5, 2022. Explore amendments in CGST Rules, notifications, and major shifts in GST law affecting businesses and compliance.
Stay updated on recent GST changes till October 5, 2022. Explore amendments in CGST Rules, notifications, and major shifts in GST law affecting businesses and compliance.
Explore key observations on non-compliances in financial reporting, focusing on assets in part 2. Understand discrepancies and their impact on financial statements.
Explore the FAQs on FCRA, 2010 – its purpose, key definitions, regulations, and eligibility criteria for receiving foreign contributions. Get insights at a glance!
Impairment of assets – Value in use. Learn how to assess non-financial asset impairment, calculate recoverable amounts using fair value less costs to sell (FVLCS) and value in use (VIU). Dive into specific scenarios involving leases, asset retirement, freehold land, capital expenditures, working capital, and discover insights on goodwill impairment delay due to land appreciation. Comprehensive guide by CA Shreyansh Shah & CA RV Rahul Bansal.
Discover the impact of GST Notification No. 18/2022-CT dated 28.09.2022 effective from 01.10.2022. Learn about the extended compliance timelines, including key sections and corresponding provisions under the Finance Act, 2022 and CGST Act, 2017. Stay informed on the crucial dates for availing input tax credits, declaring credit notes, and making amendments for the financial year 2021-22. Clarifications from CBIC provide insights into these changes, ensuring businesses adhere to the revised deadlines.
Understand how GST on housing society works registration requirements, applicable rates, and exemptions for maintenance charges and taxes.
Discover the power of automation in accounts and finance. Reduce human intervention and save time and money with automation software.
