Penalties under Income Tax Act 1961

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 […]

Letter of Credit

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. […]

Important links for student of CA/ICWAI/CS

Income Tax:  Official Website E-Filling Tax information Network ITAT Service Tax: Official Web Site e – Filling                        CBEC Official Web Site XBRL: […]

Gst Registration Procedure in India

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 […]

7 Success Tips for Examinations

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 […]