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
Section 44AD of the Income Tax Act, 1961 – Section 44AD, a scheme launched for the benefit of small businesses, wherein the assesses which are eligible for the scheme do not have to maintain books of accounts and file returns … Continued
Section 44AD Read more here Section 44ADA Read more here Section 44AE Read more here
Is GST applicable in case of an employer-employee relationship? Summary – No. GST is not applicable on salary received from employer. Only a small number of activities are excluded from the scope of GST. And yes, Salary (i.e services … Continued