August 25, 2021
What is Reconciliation?Reconciliation is to make a comparison as to any difference between two data sets. The main purpose to reconcile is to find out any error or omission that has been taken place while making any data entry.Reconciliation is important at every stage because mistake once committed, if not rectified at the earliest, may
August 25, 2021
GST is a complex law requiring lots of compliance. Previously, businesses were required to face so many under various laws. Now, since most of them are abolished and integrated into one single law i.e., GST, compliances are more under GST. All the transactions taking place into a business is entangled with GST. And this is the reason,
February 5, 2021
February 5, 2021
February 3, 2021
Table of Contents IntroductionWhy is Input Tax Credit relevant?Journey of Input Tax Credit Rule 36(4)Impact of this Input Tax Credit rule on taxpayerVALIDITY: (Here, validity means how valid and just, rule 36(4) is): -Claim upto 100% Input Tax Credit IntroductionIn the world of GST, Input Tax Credit (Commonly known as ITC) is a big relaxation