Managing income tax compliance can be challenging for individuals, startups, and businesses in today’s changing financial environment. With frequent updates in tax laws, deductions, GST regulations, and filing procedures, even a small mistake can lead to penalties or notices from the Income Tax Department. This is why many individuals and businesses prefer hiring a professional …
Tag: GST services
GST Audit – Applicability & Scope
GST is a trust based indirect tax in which assesse himself calculates and discharge his tax liability. So to check the veracity of tax liability assessed by assesse and compliances with GST Act and rules, Section 65, 66 and 35(5) of CGST act provides for GST Audit by Tax Authorities, Special GST Audit and Turnover …