Clubbing of Income: Understanding Section 60 to 64 of the Income Tax Act
Ever wondered why your tax bill isn’t as low as you expected, even after some clever financial moves? Here’s the deal: The taxman has a keen eye for the ‘Clubbing…
ITR 3 vs. ITR 4: Understanding the Difference Between Income Tax Returns
Tax time doesn’t have to be tough! 📊 Check out our slides for the easy guide on ITR-3 and ITR-4. Get your tax filing right and on time without the…
Rule 86B: Restrictions in Use of Amount Available in Electronic Credit Ledger
If you own a business you need to read this! Imagine you own a shop. Every month, you sell things and collect some tax from your customers, right? Now, the…
GST Demand cannot be raised based on Profit and Loss Account figures
The Madras High Court has delivered a verdict that could reshape the landscape of GST demands. The case of M/s. Ralco Synergy Pvt. Ltd. vs. Joint Commissioner of State Tax…
What Is The Process Of Applying For A Professional Tax Registration Certificate(PTRC) In India?
Demystifying PTRC: Your Key to Professional Compliance 🗝️ ✅ Navigate the essentials of Professional Tax Registration with ease.
Limited Liability Partnership: What is LLP and How does It Works?
What is an LLP? An LLP (Limited Liability Partnership) is a unique legal business structure that combines the best of both worlds: elements of a partnership and a corporation. The…
The Benefits of Hiring a CA Firm for Your Business
Why should you hire a CA firm? In the ever-evolving landscape of business, financial management stands as a critical pillar for success. Regardless of the size or nature of your…
Tips to Draft the Perfect MOA for Your Private Limited Company
Do you know what an MOA is? Memorandum of Association (MOA) – The Term Known as the company’s charter, the Memorandum of Association is the legal document defining a company’s…
Double Taxation Avoidance Agreements (DTAA)
This tax hack will save you thousands of rupees of taxes every year! If you're an Indian resident who earns income from foreign sources, you may be familiar with the…
NRI Taxation of Taxes on Foreign Income
Keeping every hard-earned rupee from abroad safe from Indian taxes – sounds like a dream, right? That’s right, keep your hard-earned cash tax-free! It’s possible. It’s called Resident but Not…