Durga Rao & Co., Chartered Accountants is a professional CA firm catering to the requirements of various Commercial and Non Commercial Entities for more than 3 decades.
Apart from Partners, the firm also utilises the services of Professionals / Semi-qualified Professionals. These professionals normally include MBAs, Semi-Qualified Chartered...
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As you are aware Government of India has demonetized Rs. 500 and Rs. 1000/- currency and placed several restrictions on cash transactions to deal with cash crunch problems as a result of it. The main restrictions are
The Government of India, demonetized the Rs. 500/- and Rs. 1,000/- currency notes in India on Nov 08 2016. This phenomenon is not new to India. Demonetization in done in 1948 and next in 1978.
1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial juridical person
Assessment Year 2016-17
From time to time we often hear about PAN being mandatory for several transactions. The main aim of bringing these provisions are
All those who were thinking of getting a steady cash flow post retirement through Reverse Mortgage, are now in a fix.
"The Supreme Court in the case of T. Ashok Pai v. Commissioner of Income Tax, held that Failure to file Income-tax returns does not necessarily mean there is suppression of income.
"Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family."
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