Bank Reconciliation in Zoho Books Why do a bank reconciliation in Zoho Books? Now, It is unlikely that a company’s bank balance as per its books and the bank balance as per the bank statement will be identical. Since there … Continued
Due date for payment of PF (Provident Fund) Provident Fund (PF) is a periodic contribution by both the employer and the employee. The contribution is towards a common fund. This is to ensure that the employee is financially secure even … Continued
Due Date for Filing Income Tax Returns Extended Due date for filing income tax returns extended by a month. From the earlier 31st July 31 to August 31. This may be due to too many compliances this month. 31 July … Continued
Income Tax Return Filing: 7 reasons you should complete your income tax return filing on time File ITR even if you have nil income or your gross total income is below the taxable limit. The benefits of income tax return filing … Continued
Bank Reconciliation in Tally It is unlikely that a company’s bank balance as per its books and the bank balance as per the bank statement will be identical. Since there are many payments and deposits in transit at all times, … Continued
MCA to Introduce DIR-3 KYC As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly. Accordingly, every … Continued
LLP – In Brief – Unlike Companies, not all Limited Liability Partnerships (LLPs) are not required to get their books of accounts audited. A private limited company has to get its books of accounts audited irrespective of its turnover and … Continued