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What is Audit: Understanding the Different Types of Audit in India
As a business owner, you must monitor several additional things besides your financial transactions to ensure smooth operations. Auditing...

Nimisha Panda
Dec 14, 20247 min read


Books of Accounts under Section 44AA: Essential Record-Keeping Guide
The government is very worried about tax evasion, and one of the many strategies used to monitor citizen incomes is keeping a book of...

PRITI SIRDESHMUKH
Sep 5, 20248 min read


Cheque Bounce Notice: Understanding the Consequences
According to Section 138 of the Negotiable Instruments Act, 1881 ("Act"), bouncing a cheque is a crime that carries a maximum two-year...

Rajesh Kumar Kar
Aug 16, 202410 min read


Unabsorbed Depreciation: Section 32(2) of the Income Tax Act
Depreciation is a reduction in the value of assets because of regular usage. It is recorded in the books of accounts as an expense and is...

Dipali Waghmode
May 8, 20248 min read


UDIN: Verification, Format, Full Form, Helpline Number
Attestation by a Chartered Accountant on any certificate or such other document is considerable because it generally represents that the...

Rashmita Choudhary
May 12, 20236 min read


Section 89(1): Claim Relief on Salary Arrears
Salary arrears are a double-edged sword. Though it would certainly come as a pleasant surprise if one does receive back pay, it will bump...

Indrajeet Sharma
Jan 20, 202210 min read
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