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Have you ever forgotten to report an income or made an error on your tax return?
Your income tax return must be updated using Form ITR-U. In the Union Budget 2022, the government first mentioned the idea of updated return

Asif Hussain
Dec 12, 20222 min read
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Want to form an HUF? Read to know more
The formation of a Hindu Undivided Family, or HUF, is quite common in India for the purpose of reducing income taxes.

Asif Hussain
Dec 12, 20222 min read
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Amendment disallowing delayed payment of employees’ contribution to relevant welfare fund
We note that the Finance Bill, 2021 has brought in an amendment which disallows the employees’ contribution made in PF and ESI in some cases

CA Hemant Bardia
Nov 26, 20224 min read
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Step by step process to convert Proprietorship into Partnership Firm?
Where most of the businesses start as a proprietorship firm, one can always change the business structure.

CA Umang Jain
Nov 14, 20223 min read
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Income Tax scrutiny and appeals… are you scared?
So, let us understand the process of how to go into option of appeal?

CA Umang Jain
Nov 8, 20223 min read
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Never understood Labour laws? Read it..
Today with this blog we are trying to pen down the list of labour laws that are applicable

CA Umang Jain
Nov 3, 20225 min read
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Looking for Term Loan or Cash Credit? Check your eligibility and amount of loan that you can avail.
Broadly there are two different types of financing: loans and credits. Both are banking instruments that lends money to borrowers.

Asif Hussain
Oct 21, 20222 min read
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Electronic Invoice System in GST
Invoice is a critical document, and e-invoicing is a related reform, it is critical for businesses to fully understand it & plan accordingly

Asif Hussain
Oct 1, 20222 min read
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How to save yourself when you have not done TDS!
Deductor would face the following consequences if he fails to deduct TDS or after deducting the same fails to deposit it to the credit of CG

CA Hemant Bardia
Sep 20, 20224 min read
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All about small company- New definition of small company under section 2 (85)
Small businesses are relatively new concept in India. It was created by the Companies Act, 2013 to aid in the facilitation of small business

Asif Hussain
Sep 17, 20222 min read
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Easy understanding to GST on Constructions (Works Contract) w.e.f 18 July 2022.
A lot of amendments from 1.5% to 7.5% to 12% and 18%. Still confused? This will give you a clarity on how GST is applicable on Constructions

CA Umang Jain
Sep 17, 20222 min read
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Want to know what is Digital Signature Certificate (DSC)? And why it is used? Read this...
What is DSC?
A Digital Signature Certificate (DSC) is a digital key used to verify the identity of the person who owns it.

CA Umang Jain
Sep 13, 20222 min read
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