Smallbusiness
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New ITR form released on 19th April 2022 for filing updated return of income for the assessment year commencing on 1st April 2020 and subsequent assessment years i.e. from the financial year 2019-2020 onwards From whom is this ITR-U useful? 1. Return of Income not previously filed2. Incorrect income reported3. Incorrect head of income chosen…
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Business enthusiasts when planning to start business approach consultants to register a company for their business. For an average person, a company means a medium through which they conduct or carryon business. However, in many cases, the clients fail to realise the business can be carried out in different forms depending on their needs and…
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Apart from the credit announcement for MSME in the budget session held on 1st February 2022, FM announced a major step towards development of MSME section soon. Consolidating the database on MSME from information to credit access. Finance minister announced the interlinking of portals such as Udyam, e-Shram, National Career Service [NCS] and Atmanirbhar Skilled…
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We may often find a small business entrepreneur wearing multiple hats in running their start-up such as handling tech, marketing, finance, and sales. Given the priority of sales and marketing, finance and compliance take a back seat. However, what makes finance and compliance as important as other aspects of business is, it involves multiple compliances,…
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