There are so many opportunities and challenges attached to running and growing a business which is why you could often do with some help in
Invoice is necessary for every business as you need it if you are selling and purchasing some goods or services. Every company or business is
GST council had implemented this e-invoicing feature in its 35th meeting which applies to the special category of individuals. Many people misunderstood this term as
Every business needs complete software that can make their tasks easier. But it is difficult to find such complete software. Customized software is preferred that
Following an increasing internet penetration in India, more and more Indians are beginning to make use of so-called online betting sites which allow users to
Details, as furnished in Details of outward supplies in Form GSTR-1, will be available to the composite dealer in Form GSTR – 4A. The dealer
Introduction As per the GST Act, Cab services are taxable services. When services are provided via cab aggregators like Ola or uber then also GST
A trader is required to get registered under GST to be able to sell on amazon, flipkart, meesho, udaan, snapdeal, shopclues and similar platforms. Here
A taxable person can apply to the commissioner under Section 80 of CGST Act for extension of time for payment of GST, Interest, Penalty or
As per Section 2 (68) of CGST Act “job work” means any treatment or process undertaken by a person on goods belonging to another registered
Beginner’s Guide to GST This guide is for businessmen and students who wants to have a basic working knowledge of GST. The guide is arranged
Article 269A of constitution mandates that import of goods or services in India is considered as Inter-state trade. Therefore, import of goods or services is
Deductor can request a refund for excess TDS deposited by him via TRACES for the financial year 2007-08 onwards. An online utility is available for
As per Section 195, any person responsible for paying to a non-resident, not being a company, or to a foreign company, any interest (not being
If you don’t know what is depreciation then you can read about it here – What is depreciation and common methods/types of depreciation. Basics of Depreciation
Rates has been changed for financial year 2017-18 and onwards. Now the maximum rate of depreciation is 40%. S No. Asset Class Asset Type Rate
Section 40b determines the maximum amount of remuneration and interest on capital payable to a partner under Income Tax Act. The amount over the specified
The current financial year 2019-20 is closing on 31st March as usual and the new financial year 2020-21 is starting from today (April 1). In