As per the notification in ICAI's official website it is going to announce the result of CA final student of November 2018 on 23rd of Jan 2019 around 6 p.m. Those who are waiting can check their results on:- 1.  http://i…

The penalty for late filing of income tax return is set to be increased from 1st April 2018 onwards as per Section 234F of the Income Tax Act. In this article, we look at Section 234F of the Income Tax Act in detail. …

What is a tax? Before we are going to about GST we should know What is tax and by whom it is levied and why. A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support th…

Simply saying Supply under GST is sale of Goods or Services or Both, which are listed in Schedule III of CGST Act, by a Taxable Person for a Consideration b ut excludes - Money & Securities - Items specified in S…

Here are the list of nature of income & their sections which are Exempted from Tax u/s 10 Income Tax Act, 1961. List of Exempted Incomes ﴾Tax‐Free﴿ Under Section‐10 1. Agriculture Income [Section 10(1)] 2. Any …

Simply saying accounting is a procedure/method of recording day-to-day transactions of an enterprise in a way that will be easier for the management to track the funds flow and its utilization and which will also help in r…