Day: February 11, 2022

GST-FEW KEY TAKEAWAYS FOR ACCOUNTING

GST – is now entering the fifth financial year, went through a lot of hurdles, changes, faced economic recession, COVID threat, nearly hated by all stakeholders, stood resolute and determined. Our KEY takeaway thus far from GST with respect to ACCOUNTANTS & our trade: • One should no longer delay filing of GSTR 3b by […]

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ACCOUNTING-the art, TALLY-THE TOOL

Recently several Accountants asked me why TALLY is the preferred software used by most entrepreneurs. The one answer that came to my mind was that TALLY has stood the test of times & worked with MSME to provide the reliability. It corrected itself to provide value additions. Started working with Professionals and last but not […]

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TDS (Tax deducted @ Source)

Dear Young Accounting Aspirants, today let us talk on TDS which is also tedious for many of us including Professionals. The full form of TDS is Tax Deducted @ Source. Let us interpret this in more detail.  Deducted @ Source means deduction at the time of Transaction; it qualifies as Direct Tax. To make it […]

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