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Breach of public trust by agents of collection

GST and Breach of public trust by agents of Collection

Businesses that collect taxes from the general public are bound by the principle of public trust as the general public who pays such…
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Presumptive Tax Scheme

Presumptive taxation- Section 44AD, 44ADA, 44AEAC

The presumptive scheme option has always been an exciting and confusing story for taxpayers. As the 2016 Budget comes into effect from FY…
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Audit of Insurance Companies

Audit of Insurance Companies

Insurance auditors while conducting insurance audits will review credit policy and procedures, tax records, risk assessments, and other financial records of insurance. This…
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Rectification of TDS Mismatch in Form 26AS

What to Do when TDS Not Reflected in Form 26AS?

Form 26AS is a tax credit statement that summarizes all tax deducted, tax received, advance taxes, and self-assessment taxes paid in a single…
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