According to the Section 87A of the Income Tax Act, 1961 : An assessee, being an individual resident in India, whose total income does...

Accountancy students required to know some of Basic Accounting Terms and Terminology to learn accounts in a great manner. See the below...

Professional Tax is a State level Tax in India on Professions, Trades, Callings and Employments. In Maharashtra (Maharashtra State Tax on...

Balance Sheet is the financial statement of a company which includes assets, liabilities, equity capital, total debt, etc. as on...

Some people are using bookkeeping and accounting as a synonymous term, but in fact, they are different from each other. Accounting is a...

Every organization requires maintaining a good record for tracking the inflow and outflow of funds. Which including how much money they...

Transactions and event: The meaning of transactions has very wide and including the term as a business, performance of an act, an...

What is the meaning of economic activity? Accounting discipline has been developed to serve this purpose as it deals with  measurement of...

Accounting training is particularly important for aspiring businesspeople. If you're looking at a future in finance and/or accountancy,...

A. Due dates for Compliances under GST 15-02-2018- Due date for filing GSTR -1 for the Quarter ending Dec 2017 i.e. from m/o Oct to Dec...