Few Main important Income Tax Aspect to be consider in the March ending! Q: The FY financial year 2022-23 is about to end, and the New financial year is about to start. How should a taxpayer prepare himself for this year’s march ending? Ans : The month of March is very important for all Taxpayers. …
Why did the Silicon Valley Bank fail? Recently, Silicon Valley Bank, One of the biggest names in the IT industry’s bank went bankrupt, making it the worst bank collapse since the2008 financial crisis. Silicon Valley Bank, flush with funds from successful startups, made substantial bond purchases more than a year ago. Like other banks, Silicon …
MSMEs may Apply for a Business Loan Access to Business Loans is a vital component of any successful business. However, MSMEs may face some difficulty in securing the funding they need in time. But small businesses can apply for an Micro small and medium-sized enterprises Business Loan to help them reach their goals. This post …
Artificial intelligence use in Accounting, Auditing, Income tax filling & Assessment Income tax Taxpayer Key data & information like No of payments on the tax bill, the Bank Account No, discount on the tax bill, & Other data can be extracted effortlessly and with accuracy by Artificial Intelligence enabled robots. Which help in taxation related …
Capital Gains arise from sale of TDR or FSI in Redevelopment is taxable after April 2023 Earlier Income tax Situations Redevelopment of residential housing societies is normally carried out generally via few Developers. Earlier Income tax Stand: No capital gains tax on sale of Transferable Development Rights (TDR) in absence of cost of acquisition In …
Maharashtra Amnesty Scheme 2023 for Maharashtra GST Dept announced As part of Maharashtra Budget announcements, the Maharashtra govt on March 9 announced a ‘Amnesty scheme ‘ known as ‘Maharashtra Amnesty Scheme of Arrears of Tax, Interest, Penalty or Late Fee , In Budget speech, it is important to note, This New Amnesty Scheme, i.e Maharashtra …
Creative Professionals Guide to Bookkeeping: Basics of Bookkeeping Due to the rise in internet users, creative workers are in high demand across a variety of businesses. Their range of interacting with various businesses and the amount of money they trade are constantly expanding. One of the most important accounting tasks for every organisation that keeps …
Why outsourcing your Bookkeeping Services will Save your cost? Although though bookkeeping is a crucial component of every organisation, many MSME companies find it difficult to operate efficiently. Despite the numerous issues that businesses have with bookkeeping, one of the main problems is the cost involved. This has an impact on the company’ overall accounting …
What are the essential Bookkeeper Skills to be Consider manage the financial? Bookkeepers are responsible to effectively maintain the company’s financial records. Every business firm needs bookkeeping and accounting, so business are expected to have a broad range of skills. Check out a few necessary abilities if you’re thinking about pursuing a job as a …
Process of submission of Form 10A at New e-filing portal CBDT compulsory all the non-governmental organization or institutions/ trust/societies/ fund/ hospitals registered NGO U/s 12A and Sec 80G or Sec 12AA to be taken fresh Income tax registration in the specified format U/s 10(23C). The non-governmental organization applicant needs to make an application in Income tax Form 10A with …