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Rules of Debit and Credit: Traditional Approach vs Modern Approach

In accounting, the rules of debit and credit are fundamental concepts that guide how financial transactions are recorded. These rules differ under the Traditional...

Types of TDS Forms & Their Purpose: Complete Guide to TDS Return Filing

S. No.Form No.Detailed DescriptionDue Dates1Form 26QThis form is used to file TDS returns for payments other than salary, such as professional fees, interest, rent,...

Composition Scheme under GST

1. Objective    - The primary purpose of the Composition Scheme is to reduce the compliance burden for small businesses. Under Section 10 of the...
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