Finance
Circuit in stock market
Last updated on September 11th, 2022 at 07:55 pmCircuit in stock market In order to ensure that there is no extreme price movement that may adversely impact the investors, SEBI the market regulator sets up […]
Year: 2022
GST
Changes in GSTR 3B
Last updated on September 14th, 2022 at 01:11 pmChanges in GSTR 3B Analysis of changes in Table 4 of GSTR 3B and its reporting explained with an example Recently following changes have been made in […]
GST
Applicability of GST on toll charges
Applicability of GST on toll charges The toll charge is reimbursement for the costs that are incurred in the construction, maintenance, and operation of roads and bridges. The collection of toll charges is not […]
Income Tax
Applicability of Tax Audit
Last updated on September 4th, 2022 at 04:13 pmApplicability of Tax Audit When tax audit will be mandatory for a person deriving income from a business? Section 44AB(a) – If the total sales from a […]
Income Tax
Futures & Options
Last updated on August 29th, 2022 at 07:22 pmFuture & Option (F&O) derives its value from the underlying assets like shares/commodities. Hence, F&O are considered derivative products in the stock market. Is F&O speculative income? […]
GST
E-invoicing under GST
Last updated on May 11th, 2023 at 11:03 amE-invoicing under GST Wherever e-Invoice is applicable, an invoice issued in any other manner shall not be treated as a valid invoice. E-invoicing is applicable to […]
Income Tax
Clause 44 of Tax Audit Report
Last updated on September 12th, 2023 at 08:19 pmClause 44 of the Tax Audit Report ⇒ Clause 44 was notified vide CBDT Notification 33/2018 dated 20th August 2018 to be implemented for FY 2017-18 and […]
GST
Expiry of e-way bill is not tax evasion
Last updated on August 24th, 2022 at 06:44 pmExpiry of e-way bill is not tax evasion E-way bill mechanism was implemented for hassle-free movement of goods and to eliminate the requirement of a separate […]
Income Tax
How to Calculate Turnover for Tax Audit u/s 44AB in case of OPTIONS!!
Last updated on August 27th, 2022 at 10:52 amHow to Calculate Turnover for Tax Audit u/s 44AB in case of OPTIONS!! ICAI has clarified the definition of turnover in the transaction of options in […]
Income Tax
TDS Rates for AY 2023-24 (FY 2022-23)
Last updated on August 24th, 2022 at 06:48 pm Section Particulars Rate 192 Salary Slab Rates 192A Accumulated balance of taxable PF 10% 193 Interest on securities 10% 194 Dividend 10% 194A Interest other than […]