GARG ONE STOP PROFESSIONALS

Tag: finance

  • MEANING AND SCOPE OF ACCOUNTING

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    A. MEANING OF ACCOUNTING Accounting is the art of recording, classifying, and summarising in a significant manner and in terms of money, transactions, and events that are in part at least of a financial character and interpreting the results thereof. The terms “Financial Reporting” and “Accounting” are often used as synonyms for practitioners’ accounts. The…

  • BUDGET 2022 HIGHLIGHT’s

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    Change of Rates in the Financial Year 2022-23 and the Assessment Year 2023-24:- Rates of Income Tax for the Financial Year 2022-23 and the Assessment Year 2023-24 is same as for the Previous Financial Year 2021-22 and the Previous Assessment Year 2022-23. Few changes in Surcharge has been made as on the Long Term Capital…