Connect with us +91 966 777 9615
What is a income tax return ? It is a prescribed form through which the particulars of income earned by a person through various sources(like salary, business, professional fees, interest, capital gains, etc.) in a financial year and taxes paid on such income is communicated to the Income tax department after the end of the
Learn MoreWith the passage of the GST bill in both the houses of Parliament, its implementation from 1 July 2017 is nearly certain. India currently has a dual system of taxation of goods and services, which is quite different from dual GST. Taxes on goods are described as “VAT” at both Central and State level. It
Learn MoreSetting up a limited company will mean more administration and more paperwork than if you are a sole trader but there are many advantages to being a limited company, not least eliminating and personal financial liability. When a sole trading business fails then the owner is personally responsible for any debt, which can have a
Learn MoreA yearly audit is a key safeguard for your money and a planning tool for the year ahead. Think of it as a “year in review” for your finances. The primary benefit of an annual audit under PCAOB standards is the confidence it gives you and your members that the PTO’s financial house is in
Learn MoreSubsidiary company is any company whose interests are held and controlled or held by another company. Paid up equity share capital and preference share capital of the subsidiary company can be used to determine the holding company, subsidiary company relationship between two companies. What is a Subsidiary Company? There’s often a lot of confusion regarding
Learn More
