Income Tax : Penalties 1. Penalty under Section 270A (Penalty for under reporting and misreporting of income): If during the assessment proceedings, it is found that an assessee have under […]

Understanding and Using Letters of Credit Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. […]

Income Tax: Official Website http://www.incometaxindia.gov.in E-Filling http://incometaxindiaefilling.gov.in Tax information Network http://www.tin-nsdl.com ITAT http://www.itat.nic.in Service Tax: Official Web Site http://www.servicetax.gov.in e – Filling                                 http://www.aces.gov.in CBEC Official Web Site http://www.cbec.gov.in XBRL: […]

IMPORTANCE OF REGISTRATION There are various benefits of taking Registration in GST like Legally recognized as supplier of goods or services , Proper accounting of taxes paid on the input […]

Simple success tips for any examinations you are going to appear very soon. 1. Don’t purchase New Books :- Most Important thing, do not purchase new books now , just […]