Business Accounting and Taxation

As per news reports 1% EXTRA IGST being proposed in the GST act will be charged by each intermediate states while the GOOds are transported from one State to another states. As per my understanding...

First Part :I wanted to ask to the people who run our beautiful country, that do we really require tax system.Can't we utilize our natural resources in an efficient way, so that we can take care of...

For a company who does only Import & Export business do they require VAT and CST registration.

I have started an Import & Export business firm at Hyderbad during 2014. But, unfortunately there was no business transaction till date. I had submitted Nil report in VAT & CST. If I su...

i was submmit my wife income tax return for AY 2014-2015 on Jan 2014.But i wants to add some rebate amount in return can i send a reivse return and what is the last date for submission and one thin...

All four pillar of democracy (i) Politicians, (ii) Bureaucracy,(iii) Judiciary, and (iv) media. have lost their morals. All accept Media,they believe that Grabbing money by bribing is their fundame...

In spite of all accounting details available online, 'Inspector Regime' will harass you for taking bribe. These Government Inspectors will demand hard copies of accounts to harass! In India, w...

Dear Tax Payer, The following online services are available at the e-filing website of the Income Tax Department for returns filed electronically (Logon to

any NRI who has only intrest income from bank and TDS is deducted he has to file income tax return for getting refund . What are the information he is required to provide ,do he mention bank accont...

E-filing website of the Income Tax department has been made fully operational for taxpayers to file their I-T returns for assessment year 2015-16. The Income Tax Returns (ITRs) can be fi...