What is a Proforma Invoice? Format and Status under GST
What is a Proforma Invoice? A Proforma Invoice is a document similar to an invoice regarding the particulars of the goods/services yet to be delivered
Rohit Pithisaria 02/12/2023
Menu
What is a Proforma Invoice? A Proforma Invoice is a document similar to an invoice regarding the particulars of the goods/services yet to be delivered
Managing finances, taxes, and cash flow has become significantly easier due to the rise of online accounting software. Here, we’ll delve into the top ten
Each year, individuals earning income higher than the basic exemption limit are required to file their income tax returns (ITRs) online. If you belong to
Anyone whose total taxable income exceeds the basic exemption limit is required to file an Income Tax Return (ITR) during the relevant assessment year. If
A complete comprehensive article regarding GST applicability on Indian freelancers providing services in India/outside India.
Will India Impose the New 28% Tax on the Online Casino Market The Indian online gambling sector has soared over the past years, and the
GSTR-3B is required to be filed every month by all taxpayers till 20th of the next month. Although this is a relatively easy form and
Introduction Goods and Service Tax (GST) is applicable in India from 1st July 2017. Before 1st July 2017, service tax applies to services and vat,
Who is considered as e-commerce operator? CGST act defines electronic commerce as – ” Electronic Commerce means the supply of goods or services or both,
Agent is defined in CGST act as “agent” means a person, including a factor, broker, commission agent, arhatia, del credere agent, an auctioneer or any
GSTR-2B is introduced on GST portal only some days back. At first, GSTR-2A and GSTR-2B seems to be same. But they are different in some
What is a dropshipping business? Dropshipping is a business in which the seller sells the goods which he does not own at time of selling
There are various ways in which you can verify your e-return, one of which is using bank account details. This option comes handy when you
Meaning of Clubbing In general, clubbing means including the income of any other person into the Assessee’s total income for the purpose of taxation. Certain
Any person (other than individual or huf who is not liable to audit under section 44AB who is responsible for paying to a resident Fees for
New penalty for late filing of Income Tax Return under section 234F is introduced in Budget 2017. Although this penalty is applicable only for income
Long term capital gain means capital gain arising from transfer of long term capital asset. Indexation benefit is available for long term capital gains. Long
The following conditions should be satisfied for claiming deduction under section 80D. Assessee should be individual or HUF (whether resident or non-resident) Payment is made