e-Assessment Scheme 2019

In the Union Budget 2019, the Finance Minister proposed the introduction of a scheme of faceless ...

Section 234D-Interest on Excess Income Tax...

The income tax refund amount may become recoverable upon a regular assessment along with the inte...

Income Tax Department prescribes guideline...

The income tax department has prescribed guidelines for verification of suspicious transactions a...

Guidelines for using e-filing DSC manageme...

Taxpayers belonging to the below categories are required to mandatorily sign their income tax ret...

FORM GST DRC-01A: Intimation of Tax Ascert...

The proper officer will hereafter need to communicate details of tax, interest and penalty payabl...

ITC Reversal under GST

The Input Tax Credit (ITC) is to be reversed under various scenarios. The rules have been notifie...

Credit note Debit note Reporting under New...

Credit note & debit note in the new GST returns will have some changes in the way it was repo...

New MSME Act and its Effect on the Payment...

MSMED Act fixes a maximum credit period to pay MSME vendors. New GST returns allows small taxpaye...

11 Myths About Credit Score

Due to lack of knowledge, many myths about credit score keep spreading. Here is a compilation of ...

Loan Settlement and Its Effects on Your Cr...

Loan settlement’ is a term that is often mistaken for ‘loan closure’. However, they are not the s...

What is Equifax ePORT?

Equifax offers a business-to-business e-portal marketplace called ePORT. It offers customers with...

How Credit Card Impacts Your Credit Score?

Credit score determines your trustworthiness to a lender. The way you manage your credit card tra...