Tax Audit Report for Freelancers Tax Audit Report for Freelancers in India should adhere to several compliance measures to steer clear of tax audit issues. These steps help ensure accurate reporting and maintain transparency in their financial dealings. There are following steps for Tax Audit Report for Freelancers: 1. Maintain Accurate Records: Freelancers… Read More »
Filing Tax Audit Report Filing a tax audit report is a crucial process that requires careful attention to detail. Here are some key points to consider before filing a tax audit report: 1. Applicability of Tax Audit: Understand whether your business or entity falls under the purview of tax audit requirements. Different jurisdictions have… Read More »
No Statutory Dues Certificate: Understanding Its Importance and Implications In business transactions, a “No Statutory Dues Certificate” plays a crucial role, indicating compliance with all statutory obligations. Here’s a comprehensive guide to its significance and impact. What is a No Statutory Dues Certificate? A No Statutory Dues Certificate, often required in commercial transactions, certifies that… Read More »
Making Turnover Certificate Making Turnover Certificate, you can follow these general steps: 1.Gather Financial Information: Collect the necessary financial information related to the turnover you want to include in the certificate. This may involve reviewing financial statements, sales records, revenue reports, or any other relevant documents. 2.Determine the Time Period: Specify… Read More »
Getting Turnover Certificate Getting turnover certificate, you generally need to follow these steps: 1.Identify the Issuing Authority: Determine the authority or entity that can issue the turnover certificate. This could be your company’s finance department, an accountant, auditor, or any other designated personnel responsible for financial reporting. 2.Request the Certificate: Contact the… Read More »
15CA/CB certificate 15CA/CB certificate, The requirements for obtaining the 15CA and 15CB certificates vary based on the nature of the transaction and the guidelines set by the Indian tax authorities. Here are the general requirements for each certificate: Form 15CA Requirements: 1. PAN (Permanent Account Number): The person making the remittance (remitter) must… Read More »
Add Form 15CA and 15CB To add Form 15CA details for Form 15CB, you can follow these steps: 1. Obtain Form 15CB: First, ensure that you have the completed Form 15CB. This form is issue by a Chartered Accountant (CA) and certifies that the remittance is in compliance with the provisions of the Income… Read More »
Difference business Registration & license Compliance with laws, Business registration and a business license are two separate processes that are often required for operating a legal business. Here’s the difference between the two: Unique identification number Business Registration: Business registration is the process of officially establishing a business entity with the relevant government authorities.… Read More »
Corporate Secretarial Compliance Corporate secretarial compliance refers to the adherence of a company to the legal and regulatory requirements related to corporate governance and administrative obligations. It encompasses various activities and responsibilities that ensure the company operates within the legal framework and fulfills its obligations towards stakeholders, regulatory authorities, and the general public. Some key… Read More »
Secretarial compliance Secretarial compliance, refers to the adherence and fulfillment of legal and regulatory requirements related to corporate governance and company law by a company or organization. It involves ensuring that the company’s activities, operations, and decision-making processes comply with the applicable laws, regulations, and guidelines. Secretarial compliance typically covers a range of activities and… Read More »