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Our vision is to produce creative professional in the field of Accounting and Taxation system. Accountant Apps provide self service to accountant and their allied groups by providing practical knowledge on general accounting, taxation & many more, just by finger tips. Those who are in pursuit of interview and also student can get best hand information through this app.

Taxation Services

Taxation structure is the most important role in the Indian economy. Taxation plays a vital activity as source of revenue for government, which is utilised in nations developmental & various welfare activities

There are two types of Tax system has been initiated in the Indian economy i.e Direct Tax and Indirect tax. Direct Tax : belongs to Income Tax those collected directly from public on various sources of income which discussed below. But Indirect Tax : belongs to only GST or Goods and Service Tax which has been implemented just from 01st July 2017, before that day there was three types of tax was initiated under Indirect Tax i.e Central excise, Service Tax & sale Tax. So in order to simplify the Indirect Tax all the three tax system has been merged and new tax structure was created which is known as GST or Goods & Service Tax.

Now we are discussed about Direct Tax or Income Tax, as per guide lines of the Income Tax ac 1961. Before description about Income Tax , it must be know about TDS or Tax deducted at Source which is a part of Income Tax under Income Tax act rule.

Latest news

Income Tax News
ITR-1 & ITR-4 for AY 2019-20 has already launched by Income-Tax Department for e-Filing. Other ITR form should be available shortly.
Apr 28 2019 2:22PM
Direct Tax collections up to December, 2018 show that gross collections are at Rs. 8.74 lakh crore which is 14.1% higher than the gross collections for the corresponding period of last year.
Mar 7 2019 12:13AM
GST Council approved Levy of Cess on Intra-State Supply of Goods and Services within the State of Kerala at a rate not exceeding 1% for a period not exceeding two years.
Mar 7 2019 12:07AM
Composition Scheme for Services: Composition Scheme shall be made for Suppliers of Services with a Tax Rate of 6% (3% CGST +3% SGST) having an Annual Turnover in the previous Financial Year up to Rs 50 lakhs.
Mar 7 2019 12:02AM
GST council provide relief to MSME sector (also Small Traders), which should be implemented w.e.f 01.04.2019
Mar 6 2019 11:58PM

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