Invoice Terms and conditions for Indian Businesses
When a buyer receives an invoice from the seller, he expects it to be accurate with all the necessary details and an easy to read
Rohit Pithisaria 12/05/2021
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When a buyer receives an invoice from the seller, he expects it to be accurate with all the necessary details and an easy to read
What is a POS software? POS stands for Point of Sale. A point of sale system, or POS, is the place where your customer makes
Meaning of Seafarer A sailor, seaman, mariner or a seafarer is a person who navigates water bone vessels or assists as a crew member in
GST has created a lot of burden on Chartered accountants as well as business organizations as it includes lot of compliances. The other tax liabilities
The best software can make your life easy and comfortable. Earlier, all the work was done manually. But after looking at today’s scenario, working manually
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
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
What is Co-operative Housing Society Co-operative housing societies are the entities registered under the co-operative laws of the respective state and which provide its member’s
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
Legal Basis As per Section 24B, interest paid on a home loan shall be allowed as a deduction at the time of computing income from
What is Demand Notice? If any demand for tax, interest, penalty, fine or any other sum is raised by the Assessing Officer as per the
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