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Income tax notices and what to do next

Income tax notices are issued by income tax department for various non compliance. In this post, you can get insight about reasons for income tax notices and their solutions.   Income tax notices and their solution: In today’s time tax compliance is very important. We all being an individual or company or trust or

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GST Transitional Provisions as per Model GST Law

GST Transitional provisions play critical role while moving from service tax/vat tax to GST ( gOODS and service tax.Here, we cover following important points: Administration of GST Registration under GST regime Input tax credit rules under Goods and Service tax Penalty and litigation Revision of return Six month rule Goods and Services Tax -GST

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Income tax on Traders : The Easiest guide

Income tax on traders is the guide prepared to cover the issue of income tax on trading in shares, bonds, options. In addition, we cover here speculative and non speculative business losses, carry forward of losses, effect of trading on profit and loss and balance sheet as per income tax law, how to determine

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How GST will benefit you

Do you know how GST will benefit you ? Are you ready to accept the upcoming law in India. Read this post to know future benefits of GST ( Goods and service tax in India.) How GST will benefit you ? Good and Services Tax (‘GST’ for short) is the single most significant indirect

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