Latest posts
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Section 43B(h): MSME 45-Day Payment Rule & Disallowance Guide

Comprehensive guide to Section 43B(h) of Income Tax Act: MSME 45-day payment rule, 100% expense disallowance, buyer liabilities, and Udyam verification checklist.
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GST Notice ASMT-10: Causes, Reply Format & Online Procedure

Comprehensive guide to GST Notice ASMT-10 under Section 61: causes of ITC mismatches, DRC-03 payment, ASMT-11 reply format, and 30-day compliance timeline.
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P&L Account vs Balance Sheet: Meaning, Differences & Formats
Understanding Profit and Loss Account vs Balance Sheet: Key Differences, Structure & Practical Business Example
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GSTR-1 vs GSTR-3B: Key Differences, Due Dates & Filing Checklist
GSTR-1 vs GSTR-3B: Differences, Due Dates, Late Fees & Step-by-Step Filing Checklist (2026)
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Bank Reconciliation Statement (BRS): Format, Steps & Examples
Bank Reconciliation Statement (BRS): Meaning, Importance, Step-by-Step Procedure & Practical Example
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Section 44ADA Presumptive Taxation: Limits & Eligibility Guide
Section 44ADA Presumptive Taxation for Professionals (AY 2026-27): Limit, Deductions & ITR-4 Guide