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Expert perspectives on tax, compliance, accounting, and financial strategy.

Margin Scheme for Second Hand Vehicle Dealers – simplified, summarized and latest updated till 2022

Margin Scheme for Second Hand Vehicle Dealers is explained in the article below in most simplified manner for ease of understanding for all such. . .

HSN Summary compulsorily to be formed part of GSTR-1 : This small mistake in GST Return and pay penalty of 50,000

HSN Summary compulsorily to be formed part of GSTR-1 Quarterly Returns. Notification No. 78/2020 – Central Tax released on 15/10/2020, made compulsory for the. . .

Income Tax and GST impact and some tax saving tips on Moonlighting – best insight relevant for this year 2022-23 and coming years

Lets discuss in brief Income Tax and GST impact and some tax saving tips on Moonlighting - best insight relevant for this year 2022-23. . .

All the wrong reasons to take GST Registration in India – Avoid these 4 mistakes

This article is to help businesses to understand all the wrong reasons to take GST Registration in India. As a consultant, daily we come. . .

Section 206AB or 206CCA Alert!!! Non-filers of ITR – TDS or TCS to be deducted at double rates

Recently I came across a Notice from CAMS, wherein a notice was received by Investor, specifying that the PAN of investor is appearing in. . .

Purchasing a property ? Don’t miss out on deducting TDS U/S 194IA before making payment.

Purchasing a property ? Don't miss out on deducting TDS u/s 194IA before making payment. The title is enough to explain what this article. . .

Form 52A filing by Producers of cinematography films

Section 285B of the Income Tax Act, 1961 mandates Form 52A filing by Producers of cinematography films. This article is detail guide on Section. . .

12A and 80G Registration. Easy guide for FY 21-22 & Onwards

12A and 80G Registration are obtained from Income Tax Department to avail the benefit of tax exemption and availing deductions under Chapter VIA for. . .