Big relaxation: RCM– Supplies received from unregistered suppliers under RCM and invoice are to be issued by the recipient only, the relevant financial year for calculation of time limit for availment of ITC under s. 16(4) of the CGST Act is FY in which the […]
Enactment This Act may be called the Micro, Small and Medium Enterprises Development Act, 2006. This Act came into force from 16th June 2006. Purpose An Act to provide for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises […]
With the fast revolution of information technology worldwide which is definitely easing our life and parallelly making it more dependent which is evolving a new challenge of fraud and social engineering. In today’s scenario, most people whether industries or individuals they are willing to use the latest technology even though […]
FintaxwiserTDS (Tax Deducted at Source) on Transfer of Immovable Property by Non-Resident Person and Repatriation of Sale Proceeds If any non-resident person is selling property situated in India is required to deduct TDS by buyer under Section 195 of the Income Tax Act. The tax […]
In this regards, on clause (h) of section 43B has been inserted by the Finance Act, 2023, w. i.e. 1-04-2023 which deals with payment to Micro or Small Enterprise beyond the Time Limit specified under The Micro, Small and Medium Enterprises Development (MSMED) Act 2006. As […]
What To Tax Preparers Do? Tax preparers prepare and file federal and state tax returns. Essentially, they review their client’s income and financial records such as W2s and dividend statements, then identify deductions and credits to determine the amount their client’s owe or will be […]
eed A Tax Preparer Certification Or An Income Tax Training Course? Any of our income tax courses can help! The CPA Training Center offers several income tax preparer training courses to help grow your career as a tax return preparer! What Are The Requirements To […]
FintaxwiserCourse Name – Fin Tax Accountant (FTA) Accelerate Your Career with FTA Introduction – As India is growing to become the third largest economy in the world, the industries are growing, not only in major cities but also in small towns. Consequently, huge demand of […]