Value Added statement isn't an Account in the traditional sense. It is mere a statement showing the economic output of

Money Market is an important ingredient for growth and development of an economy. India too is no exception for it.

After the demonetization, Government has earned an important lesson. Keeping the rhetoric aside, it's enlightened to the wisdom of colours

Although in some cases, quoting of PAN for certain type of transaction is must, for most of the transactions quoting

Normally, an assessee pays tax based on computation of his expected tax liability. And very often his tax liability is

With 1st July nearing, everyone is preparing for new pan India Indirect tax – Goods and Service Tax (GST). Suddenly,