Practical compliance guides

Accounting and Bookkeeping · 11 min read

Stock Valuation for Trading Businesses: Methods and GST Impact

Cost or net realisable value per lot, applied consistently across years. The rule, the threshold and what it means in practice. Part of our glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

E-Way Bill and E-Invoicing Rules for Traders (Rs 5 Cr AATO)

The thresholds that trigger each, and reconciling both to your sales register. Set out with the working, not just the rule. Part of our glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

194Q vs 206C(1H): TDS and TCS on Purchases and Sales Explained

Who deducts and who collects when both sections could apply to one sale. The rule, the threshold and what it means in practice. Written for preparers.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 11 min read

Section 44AD Presumptive Taxation for Traders: When It Helps (and Hurts)

Presumptive taxation at 8%, or 6% on digital receipts, and the turnover cap. The rule, the threshold and what it means in practice. Explained by a CA.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

GSTR-2B Reconciliation for Traders: Stop Losing Input Tax Credit

Credit is claimable only where your supplier's invoice appears in your 2B. The rule, the threshold and what it means in practice. Browse the glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

How to Track Project Profitability for a Services Business

Measuring margin per engagement instead of across the whole firm. The rule, the threshold and what it means in practice. Written by qualified CAs.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

GST on Consultancy Services in India: SAC Codes and Place of Supply

Place of supply for inter-state and export consultancy, and the rate that follows. Set out with the working, not just the rule. Explained simply.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Retainer vs Milestone Billing: Which Is Better for Your Agency?

How each model changes revenue recognition and your working capital. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Unbilled Revenue and WIP for Service Firms: Recognition Explained

Recognising work performed but not yet invoiced, in the right period. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 11 min read

Section 194J TDS: How Consultants Can Claim Credit via 26AS/AIS

10% on professional fees, and reconciling what was deducted to your 26AS. The rule, the threshold and what it means in practice. See related terms.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

Due-Diligence-Ready Books: What Investors Check Before Funding

What an investor's diligence team opens first, and what it finds wrong. The rule, the threshold and what it means in practice. See related terms.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

When Should a Startup Hire a CA vs Use Accounting Software?

The transaction volume and funding stage at which a CA stops being optional. The rule, the threshold and what it means in practice. In plain English.

CACA Puja Pradhan · Jul 20