Schedule III of the Companies Act 2013

posted in: Audit, Compliance | 0

Schedule III (See section 129) GENERAL INSTRUCTIONS FOR PREPARATION OF BALANCE SHEET AND STATEMENT OF PROFIT AND LOSS OF A COMPANY Where compliance with the requirements of the Act including Accounting Standards as applicable to the companies require any change … Continued

What to do when your wallet/purse is stolen

posted in: General | 0

Purse/Wallet Stolen? Here is what you should do Purse/Wallet stolen – First make sure to check whether you’ve just misplaced your wallet or it has in fact been stolen. We do recommend trying to find it in places you’ve recently … Continued

Section 44ADA

posted in: Compliance, Income Tax | 0

Section 44ADA – Special provision for computing profits and gains of profession on presumptive basis. There are good number of compliances under the Income Tax Act. These include maintaining a proper set of books of accounts, getting these books of … Continued

GST Refund for Exporters

posted in: GST, Indirect Tax | 0

It is imperative for the government to provide hassle free GST refund process since delay in its process would cause problem for the exporters in maintaining the working capital and cash flow. Currently there is delay in months in providing … Continued