Introduction Accounting Standard 2 (AS 2) provides comprehensive guidelines on the valuation of inventories, ensuring that financial statements reflect a true and fair view of an enterprise’s financial position. Proper […]
Decoding Accounting Standard 2 (AS 2) – Valuation of Inventories Read More »
Explore Trump’s 26% reciprocal tariffs on India, their impact on consumers, businesses, and the Indian government’s role in 2025.
Introduction Accounting Standard 1 (AS 1) deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements. The objective is to ensure that financial statements provide
Decoding Accounting Standard 1 (AS 1) – Disclosure of Accounting Policies Read More »
The Ministry of Micro, Small and Medium Enterprises has issued notification no. S.O. 1376(E) dated 25th March 2025 requiring the companies to submit a half yearly return to the Ministry
Latest Update on MSME Read More »
Learn about TDS and TCS due dates for payment and return filing in India as per the Income Tax Act. Avoid penalties and stay compliant with our complete guide.
TDS and TCS Due Dates for Payment & Return Filing – A Complete Guide Read More »
Know the compliances which are to be complied with for the month of April 2025 as per Income Tax, GST , PF and ESI. Compliances as per Income Tax Act
Compliance Calendar – April 2025 Read More »
The CDBT on 28th March 2025 has issued Circular 05/2025 for waiver of on levy of interest under section 201(IA)(ii)/ 206C(7) of the Act, as the case maybe, in specific
Waiver of Levy of Interest u/s 201(1A)(ii)/206C(7) Read More »
The CBDT vide notification no. 23/2025 has issued the Income Tax (Eighth Amendment) Rules , 2025 introducing significant amendments in Form 3CD. The notification shall come into force with effect
Key Changes in Form 3CD Read More »
How to make a GST Payment?
How to make GST Payments in the GST Portal? Read More »
In the first week of July 2024, social media buzzed with taxpayer angst over the Common Offline Utility for AY 2024‑25. Complaints poured in that the utility failed to allow
Rebate under Section 87A – A Legal Fiasco? Read More »
