Sign Up

Sign In

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

You must login to ask question.

You must login to ask question.

You must login to add post.

Ask Masters Latest Articles

Taxes which are replaced by GST

Taxes which are replaced by GST

On 1st July 2017, the government of India announced the implementation of GST in India. It was a big move, as it marked a significant indirect tax reform in the country by blending all indirect tax levied on goods and ...

How to reply notice for cancellation under GST?

How to reply notice for cancellation under GST?

Under GST, Notices act as a medium to communicate to the taxpayers by the GST Authorities. These are sent to the taxpayers specifically to remind or caution them of any defaults being noticed, specifically for not following the GST laws ...

Can one own multiple Sole Proprietorship firms?

Can one own multiple Sole Proprietorship firms?

About Online Sole Proprietorship Registration Registering your company makes your business a distinguished entity and gives it a legal existence. It is very essential for protecting your business and securing its rights. It shields the business from personal liability and ...

Section 194N of Income Tax Act

Section 194N of Income Tax Act

In order to discourage cash transactions and move towards a cashless economy, a new Section 194N was inserted under Income-tax Act with effect from September 1, 2019, to provide for deduction of tax on cash withdrawals made by any person ...

Reverse Charge Mechanism in GST

Reverse Charge Mechanism in GST

It is always the case where the supplier of goods and services is liable to pay the GST. But, when it comes to Reverse Charge Mechanism, the receiver of goods and services has to pay the tax, meaning that the ...