ONDC Explained: What Is ONDC and Its Future on Marg ERP?
The e-commerce landscape is continually evolving, adapting, and embracing newer technologies to ensure a seamless shopping experience for consumers. The rise of ONDC (Open...
Understanding AS 21: A Guide to the Preparation of Consolidated Financial Statements
Consolidated financial statements are an essential part of financial reporting for companies with subsidiaries. These statements combine the financial results of the parent company...
Understanding Section 89 of the Income Tax Act: Relief for Salary and Pension Arrears
Section 89 of the Income Tax Act, of 1961 provides relief to taxpayers who have received arrears of salary or pension. This section allows...
Understanding Section 89A of Income Tax Act: Relief for Pending Claims and Returns
Section 89A of the Income Tax Act, 1961 was introduced by the Finance Act, 2020, and is effective from April 1, 2020. This section...
Maximizing Tax Savings: Understanding Set Off and Carry Forward of Losses
When it comes to running a business or investing, it's not uncommon to experience losses. However, the good news is that these losses can...
A Guide to Partnership Firm Registration in India
A partnership firm is a popular business structure among small and medium-sized businesses in India. It is relatively easy to set up and manage,...
Essential Documents Required for Filing Income Tax Returns (ITR)
Filing an Income Tax Return (ITR) can be a daunting task, especially for first-time filers. However, with the right documents and preparation, it can...
Dormant Company Act: What You Need to Know
Dormant Company Act: Understanding the Basics
In many countries, including the United Kingdom, a dormant company is a legal status assigned to companies that are...
Disqualification of Directors: Grounds, Consequences and Remedies
Disqualification of Directors: Understanding the Grounds and Consequences
A director is a person who is appointed to manage the affairs of a company and ensure...
Understanding the Difference Between TDS and TCS in India
Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are two important terms used in the taxation system of India. Both are...
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