AIR and New Form 26AS

June 12, 2021

What information does Income Tax Department have about you?  |   Individual Transaction Statements Vis a Vis Form 26AS Income Tax is one of the most prevalent…

Hidden Features of Tally

June 12, 2021

Introduction In the past couple of years, the Indian accounting landscape has seen a spurt in the number of ERP software available to entities to choose…

June 12, 2021

Introduction Standard Operating Procedures (SOPs) are the documented processes that an organization has consisting of a set of step-by-step instructions to help the employees within its…

Equalization Levy

June 12, 2021

I. Introduction: With Globalization-Digitalization and Industrial Revolution, there have been significant changes in working of a business. Advertisement is one of the ways through which people…

Concept of Job Work Under GST

June 11, 2021

MEANING OF JOB WORK: Section 2(68) of the Act, defines “job work” as any treatment or process undertaken by a person on goods belonging to another…

Registration under MSME Act

June 10, 2021

CONCEPT OF MSME What’s MSME?   MSME Act became operational on October 02, 2006. It was enacted to promote, facilitate and develop the competitiveness of the…

Internal Audit of EPC Sector

June 10, 2021

Introduction The Engineering, Procurement, Construction [EPC] sector, India’s second largest economic segment is a prominent form of contracting agreement in the construction industry. Under this, the…

Legal Structure Comparison

June 10, 2021

Comparing different legal structures Particulars Partnership firm LLP Private Limited Creation Created by Contract Created by Law Created by Law Registration formalities The registration is Not…

Employee Share Based Payments

June 10, 2021

INTRODUCTION An Employee Share Based Payments (ESBPs) is an employee benefit payment that gives employees an ownership interest in the company. Under these plans, the employer gives…

Management Information System

June 7, 2021

Introduction: “Information by itself is meaningless until it’s interpreted and analyzed to capture insight and harness innovation.” Management Information System popularly known as MIS is a…

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