Designed to record the purchase return transactions of an organization, a Purchase Return Book format is used. This kind of Purchase Return Book Template includes the information on goods returned, the quantity returned, the date on which the return was made, debit note and the amount of the goods that have been returned. This kind […]
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Search Results for: service tax note
Everything You Must Know About GST on Rent
Since the times GST has come into picture, there is lot of confusion about it. To avoid receiving any GST notice, it is important that you are well aware of the tax rates and complications involved in this system. In this post, GST on rent in India has been discussed to bring more clarity on […]
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What are the Reasons for Receiving GST Notices?
The honeymoon period for taxpayers under GST has ended and now strict actions will be taken against those who are not genuine when it comes to filing the GST returns with the department. Now the investigation wing of GST is all gearing up to mark the defaulters and issue notices to them. There are various […]
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Practical Approaches to Audit of Governmental Agencies
It is my attempt to share with all my professional colleagues some practical approaches to audit of Governmental Agencies. Practical Approach to Audit of Government Agencies Basically, Government Agencies receives Grant in Aid from the Central/State Govt. for their Operations & Day to Day activities, Auditor’s first Role evolves here only Generally the manner […]
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Norms of Auditing Co-operative Housing Societies in Maharashtra
Norms of Auditing Co-operative Housing Societies in Maharashtra. Laws Applicable to Co-op. Housing Societies 1) The Maharashtra Co-op. Societies Act, 1960 (MCS Act) – having 167 sections effective from 26/1/1962 and The Maharashtra Co-op. Societies Rules, 1961 – having 110 rules effective from 23/12/1963. 2) The Income Tax Act, 1961 and Rules. 3) The Service […]
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