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Financial Accounting vs Management Accounting

Top Differences between Management & Financial Accounting

After finishing a monetary accounting course, many students dread another semester of debit entries, credits, and reflective diaries. Fortunately, management accounting is not…
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Income Tax & FEMA provisions applicable to Non Residents

Income Tax & FEMA provisions applicable to Non Residents

If an individual is classified as 'non-resident' then the tax inference is similar to that of 'RNOR' status. In the case of NRIs,…
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Income Tax on Short Term Capital Gain with examples

Income Tax on Short Term Capital Gain with examples

Capital gain tax includes short-term capital gains and long-term capital gains. Larger assets can be properties or securities. There is a tax exemption…
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Delay in TDS return filing

Fees & Penalty for late/Non-filing of TDS Return

No filing or late filing of TDS/TCS returns can get you into trouble. As tax laws suggest, taxpayers fall under two penalties in…
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