Introduction An accountant handles one of the most crucial roles in a business regardless of it being for a large
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DEFERRED TAX
The tax effect due to the timing differences is termed as deferred tax which literally refers to the taxes postponed.
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A Career In Commerce And Job Opportunities
Introduction Commerce has been a course that has been neglected a lot in India. The basic system has divided courses
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TDS on Purchase of Goods
Section 194Q – As per provisions of section 194Q of the Income Tax Act, TDS is deductible if- – The
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Cost of inflation index notified for FY 2021-22
Ministry of finance has notified cost of inflation index (CII) as 317 for the purpose of calculation of capital gain
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Learn Commerce Structures III: Private Limited Company
Introduction A Private Limited Company is quite a proven and effective business model. It involves private ownership, with a limited
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Highlights of the 43rd GST Council Meeting
1. Centre has decided to keep 5% GST Rate on COVID Vaccines. 2. GST exemption has been provided on import
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Learn Commerce Structures II: Proprietorship Firm
A Proprietorship Firm or Sole Proprietorship is the simplest form of business that can be. It is one-man business ownership,
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Accounting Concepts And Assumptions
Accounting is the process of recording financial transactions of a business. The accounting process includes summarising, analysing, and reporting these
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Relaxation of Time Limit for Tax Compliances Under Income Tax Act
Sr No Particulars Earllier Date Revised Date 1 TDS return for Last Quarter (Jan’21 – Mar’21) 31-05-2021 30-06-2021 2 Form
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