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Explain what is the difference between purchase tax and reverse tax?
Jul. 10, 2015
Hi
I am a freelancing agent by profession and resident Indian by status. My question is, if I register my business as a sole proprietorship, do I have to pay TDS quarterly or should I just pay self assessment tax at the end of the year?
Jan. 22, 2018
.....In case of local supply of goods/ services, the supplier would charge dual GST i.e., CGST and SGST at specified rates on the supply.
Dec. 08, 2017
My client gave a loan of Rs.25000 in cash to someone. whether he is liable for penalty under any section of Income Tax Act 1961?
Jun. 25, 2015
.Explain different responsibilities of a strategic leader? Deffer between transformational leadership style and traditional leadership style.

Mar. 21, 2018
Explain, Difference between Transactional Leadership Style and Transformational Leadership Style.

Difference between transformational and transactional leadership 1. Transformational leadership style uses charisma and enthusiasm to inspire people to exert them for the good of organization. Transactional leadership style uses the authority of its offices to exchange rewards such as pay, status, etc. 2. Transformational leadership style may be appropriate in turbulent environment, in industries at the very start or end of their cycles, poorly performing organisations, when there is a need to inspire a company to embrace major changes. Transactional leadership style can be appropriate in settled environment, in growing or mature industries and in organisations that are performing well. 3. Transformational leaders inspire employees by offering the excitement, vision, intellectual stimulation and personal satisfaction. Transactional leaders prefer a more formalized approach to motivation, setting clear goals with explicit rewards or penalties for achievement and non-achievement. Transactional leaders focus mainly to build on existing culture and enhance current practices.
How would you as an auditor assess the reliability of internal control system in Computerised Information System (CIS) environment?
Feb. 08, 2018
Will GST take ten years to settle down?
Mar. 20, 2018
Indians have been facing many problems since the implementation of GST. In such a scenario, how right is it for the chairperson of Prime Minister’s Economic Advisory Council to state that GST would take 10 years to settle down? Whether the reason that India is the first country to implement perfect federal GST sufficient enough to galvanize ailing Indians?
.....Short-term capital gains arising on transfer of listed shares on which STT is paid at the time of transfer, would be chargeable to what tax rate?
Dec. 08, 2017
Hi
My father is a truck owner, He has 2 trucks and a pickup truck and these are mentioned in his return. On September 2016, he bought a new truck on finance and paid installment on it Rs 85,700/- through auto debit system. All the freights are received by him in cash and payments with respect to those are also made in cash. What should he do in the case where cash deposit of arounf 3 lakhs will be taxable.

Also, the notes with me are of Rs 500 and Rs 1000 of the old banned currency. Please assist me in the process.
Jan. 22, 2018

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