The Big 4’s
are world’s four largest professional service firms.
We can call
them as the secret Google, Microsoft, Apple & Amazon of Accounting firms.
Their revenues are huge and they have strong entry barriers in their sector.
They...
As on 10th of May 2020, there are around 4.06 million reported cases of coronavirus confirmed all around the globe, costing humanity as many as 280’K lives. And, looking forward it looks like the...
"Never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before." Well said by Rahm Emanuel
The current situation...
This article focuses on
provisions of The Income Tax Act, 1961 and rules made there under relating to
Set Off and Carry Forward of Losses.
Adjusting of income under one head
against the loss under another head is...
The Finance Bill introduced alongside the Union Budget 2020 brought about an amendment in Section 6 of IT Act,1961 “Residence in India”, leading to Modification in Residency provisions and impact on NRIs.
The Residential status...
Filing of Income Tax Returns and paying taxes are the responsibility of every Indian citizen. Failure in paying the tax or filing the ITR can lead to interest payments. It is in your utmost...
CBIC via
notification No. 31/2019 dated on 28th June 2019 introduced form
PMT-09 to save the registered taxpayers
from blockage of business fund that occur during the period of refund
application of excess balance in the electronic cash...
GST (Goods and Service Tax) has been imposed on supply of goods and services.
GST on E-commerce operators remains the same as any other mode of supplies
This article is helpful to those who want to...