The concept of supply in GST is quite important to understand if you want to calculate the net value of production over a certain period. However, in GST, supply is known as the taxable income. In most cases, supply is known as the taxable event. There are various types of taxable events like manufacturing, rendering, […]
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BRS in Tally Prime helps maintain some accurate accounting data in the complex accounting world. The main purpose of BRS is to identify any kinds of errors that can affect your tax position and financial errors. You will know from this blog about the process of maintaining BRS in Tally Prime. The process of generating […]
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In India, if you own a house and it generates revenue in the form of rent or in any other form, then it falls under income from house property. As per the Income Tax Act 1961 if you own any house property and it generates revenue for you then it is a taxable income. Now, […]
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Whenever you develop a strategic business plan then accounting records play a vital role in contributing the business growth. A chart of accounts in accounting can offer you a clear picture of the current status of your business’s financial position. All the financial data of your business can help you to make the right strategic […]
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Are you interested in developing your career as an accountant but you come from a science background in your 12th? I think this question is striking your mind repeatedly and making you confused about your career choice. Can science students become an accountant will no longer be a worry if you read this article? So, […]
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SAP Supply chain modules are one of the key factors that help in controlling production, planning, business, forecasting, or demand planning. SAP Supply chain modules can boost the scope of your demand management to make things work perfectly well in your way. In today’s fast-paced world Supply Chain Management forms an essential part of business […]
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