Tag Archives: #FinancialComplianceAlert

What are the potential consequences of discrepancies or errors found during a tax audit for a computer sales and services business?

Tax Implications for Artists

Tax Audit Error Repercussions   Tax Audit Error Repercussions sure, here are some unique potential consequences of discrepancies or errors found during a tax audit for a computer sales and services business: Additional taxes and penalties The auditor may find that the business owes additional taxes, interest, and penalties due to the discrepancies or errors.… Read More »

What are the new compliance under gst?

New compliance under GST

  New compliance under GST New compliance under GST, Here are some common compliances requirements under the Goods and Services Tax (GST) in India. GST Registration: Businesses whose turnover exceeds the prescribed threshold are required to register for GST. GST Returns: Registered taxpayers need to file regular GST returns based on their category and turnover.… Read More »