Under the Income Tax Act of 1961, a tax audit is a cross-examination of the taxpayer's books of accounts by a chartered accountant who holds a full-time Certificate of Practise.…
Being on top of your tax payments is crucial if you are a business owner, a self-employed professional, or an individual with a substantial income. In order to complete your…
Many people may ask, what is advance tax payment? The term "advance tax" describes income tax that is paid in instalments rather than in full at the end of the…
If you're a business owner or someone involved in taxation, this blog post is just for you. In this comprehensive guide, we will walk you through the ins and outs…
The Goods and Services Tax (GST) has revolutionized the indirect tax system in India, simplifying processes and enhancing transparency. As part of the GST compliance framework, businesses are required to…
Are you a business owner or an individual responsible for deducting tax at source and you ask what is GSTR-7? In this article, we will break down the GSTR-7 meaning,…
The Goods and Services Tax (GST) has transformed the Indian indirect tax system, streamlining processes and enhancing compliance. Under the GST regime, businesses are required to file various types of…
Maintaining compliance with Goods and Services Tax (GST) legislation is critical for non-resident taxpayers in India. This blog post is to help you understand the GSTR-5 meaning and contains all…
The Goods and Services Tax (GST) system in India has revolutionised the way businesses operate, and the way taxes are collected. Under the GST regime, every registered taxpayer is required…
New Change in GSTR 3B from April 2024 Understanding the various aspects of GST compliance is crucial for businesses operating in India. One of the essential components of GST…
