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What to do when you receive notice under section 143(2) of Income Tax Act, 1961??
The Income Tax Department issues a notice u/s 143(2) when an Income Tax Return is selected for scrutiny assessment or detailed assessment.
CA Umang Jain
Jun 6, 20233 min read
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Special All-India Drive against fake GST registrations & Precautionary measure to be taken.
In the officials meeting, it was discussed that while various system based and policy measures are being taken to address fake...
CA Umang Jain
May 13, 20233 min read
46
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What is Bank Overdraft?
Are you planning to apply for overdraft at bank and are confused what is it? Keep reading to know your solution. Bank Overdraft: Meaning...
Chanda Gupta
May 12, 20234 min read
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Loan Against Property (LAP)
Let your property help you achieve your dreams. Overview A Loan Against Property (LAP) is a secured loan that is taken out against real...
Sangita Sahu
May 12, 20232 min read
16
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What are the documents required for availing Term Loan and Cash Credit (CC) loan
A lot of time you plan to take loan for business enhancement but you stand confused or clueless about what all documents are required and...
Asif Hussain
May 5, 20234 min read
281
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When does your 2A get populated? Which date inputs are reflected in which month’s 2A?
Are you confused when will your 2A receive input from your supplier? What happens if the supplier files late return or if he files his...
Asif Hussain
Apr 5, 20232 min read
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Audit Trail feature in accounting software w.e.f 1st April, 2023
This brief article discusses the mandatory requirement for all businesses (large and small) to record transactions in software that...
Asif Hussain
Apr 5, 20232 min read
30
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Know about compliances applicable to a business.
Companies Act Compliance
1. Maintained of Books of Accounts.
2. Statutory Audit.
3. DIR-3 KYC.
4. RoC annual filings. a. AOC-4
b. MGT-
CA Umang Jain
Apr 4, 20232 min read
31
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Compliance Calendar for The Financial Year 2023-2024
Compliance is not expensive, rather compliance planning is one that lets you save huge amount of avoidable burden of Interest, penalty...
CA Umang Jain
Apr 3, 20234 min read
150
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BIG RELIEF IN GST!!!! Amnesty Scheme provided- 31-03-2023
Amazing move by the GST council to provide relief to the tax payers. We have complied the reliefs given via notifications of 49th GST Counci
CA Umang Jain
Apr 1, 20233 min read
82
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AIS App for Tax Payers
AIS App (‘AIS for Taxpayers’) is a free mobile application, provided by the Income Tax Department. Read this to know details on how the...
Asif Hussain
Mar 23, 20231 min read
44
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Documents required for DSC
Worried how-to verify ITR, how to sign on GST portal, all know what DSC is but what documents are needed to make DSC? read to know more…...
Asif Hussain
Mar 10, 20233 min read
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