A liaison office is a vital communication bridge between a foreign company’s head office and the Indian market. It facilitates market research, information dissemination, and promotion of the parent company’s...
Posted by | July 28, 2023
The overall plan for an audit serves as a roadmap by providing direction and guidance for the audit process. With the audit plan as a base, an auditor conducts a...
Posted by | July 20, 2023
The 50th GST council meeting marked a significant milestone in the journey of Goods and Services Tax (GST). Led by Union Finance & Corporate Affairs Minister Nirmala Sitharaman, the council discussed...
Posted by | July 14, 2023
Through the Government notices, you surely must have heard of instances concerning unscrupulous elements obtaining fake/bogus registration under GST and defrauding the Government exchequer. This menace of fake registrations and...
Posted by | July 7, 2023
Earlier, it was the Commissioner (Appeals) who was the first appellate authority for a taxpayer or an aggrieved assessee to file appeal against an order. Hence, Commissioner of Appeals were...
Posted by | June 30, 2023
What are Reassessment IT Notices Being Sent to NRIs? Income Tax Return processing are subject to assessment by Income Tax Department. The Income Tax return could get picked for reassessment...
Posted by | June 23, 2023
What is the GST Amnesty Scheme? Government announces the benefit of Amnesty Scheme for small businesses, non-filers of final returns, and taxpayers whose Goods and Services Tax (GST) registration has...
Posted by | June 16, 2023
Email Skim Reading occurs when individuals quickly scan or skim through their emails without thoroughly reading the content, leading to missed information and subsequent questions that could have been answered...
Posted by | June 9, 2023
Filing income tax returns is a fundamental obligation for every individual in India. Beyond ensuring compliance with the law, it presents an opportunity to leverage deductions, exemptions, and refunds. However,...
Posted by | June 2, 2023
India, one of the world's fastest-growing economies, implemented the Goods and Services Tax (GST) system in 2017 with the aim of simplifying the indirect taxation structure. While GST has undoubtedly...
