S20

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Adjustment entries in Tally for accruals and advances

As most of us would be aware, matching principle is one of the most…

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Components of GST: CGST, SGST and IGST

In India, the Constitution provides rights to both Centre and the States to levy…

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All About Assessment Proceedings

Every democratic country has three wings – the legislators, the administrators, and the judiciary.…

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What is Reverse Charge Mechanism under GST?

What is Reverse Charge Mechanism under GST?

GST is an indirect tax, whereby seller recovers tax on goods / services supplied…

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The Benefits Of Learning Accounting Via An Institute

Accounting is no more simply limited to maintaining bookkeeping, profit and loss and balance…

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The Accounting Skills You Need To Succeed

Every second person is now aspiring to be an accountant due to the unending…

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Section 80C of the Income Tax Act

Section 80C of the Income Tax Act

In computing the total income of an assessee, being an individual or a Hindu…

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Taxes Benefits for Salaried Individuals

As soon as the filing season begins, salaried class are frenzy about taxes they…

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Accounting Reserves: Concept

Accounting Reserves: Concept

Several times we have heard the word reserve in accounting but the exact meaning…

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