Why Financial year is adopted for preparing accounts, Is it mandatory ??

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As a commerce student it is important for us to know whether it is mandatory for any entity to use 1st April to 31st March period as their accounting year. Can any entity choose some other period, let's say to calender year for preparing accounts ??

In this short video, I have tried to answer this small but relevant point

Hi all
Due to some editing issue in the video, Income Tax amendment video could not b uploaded today morning.

Would try to get it uploaded by Today evening...

Hi all
As per Schedule.Income Tax Test series was to start from 2moro...

But we are shifting first test from 5th April to 11th April....Remaining tests of Income Tax will be as per schedule only

CA Inter Income Tax Amendment Notes for May 2022

All the amendments in the above video are relevant for Students who have studied upto Dec 21. For Students who have taken our May 22 classes, I have mentioned a few amendments in first 5 min of video. May 2022 students shall be required to see only those amendments

All RTP questions relevant to all amendments have been covered in these notes itself

❇️CA Inter Taxation Most detailed analysis and notes for INCOME TAX & GST AMENDMENTS applicable for CA Inter May 22 exams

👨‍💻By CA Sanchit Grover Sir

🖥 Income Tax Amendment video
https://youtu.be/Re6ervByGb8


🖥 GST Amendment video
https://youtu.be/Ueo2WqK4KWg

⛳️Main features of the notes:-
👉Explanation of background knowledge and logic for each amendment.

👉Illustrations with each amendment to prepare for exam.

👉Summary analysis for amendment in Flowchart for last day revision.

👉 Coverage of Questions from RTP May 2022, related to amendments.

Hi all

Due to some technical issues, Income Tax marathon video uploaded today morning had to be removed from youtube channel

Will upload it again in evening

Chapters covered in Part 1 of Marathon

1) Basic Concepts and Tax rates
2) Residential Status
3) Agricultural Income
4) Exemptions
5) Deductions under Chapter VI-A
6) Income under Salary
7) Income under House Property

Hi all
Income Tax Test Series would start from today i.e. 11th April 2022

First Test of first 4 chapters would be uploaded on our app 'CA Knowledge portal' at 2:30 pm.

Further schedule would remain the same

6 Test of GST have already been uploaded on our app....If you havnt still attempted them, check out these tests on our app ASAP

Here are the links for Corporate and Other Laws marathon

Part 1(Other Laws)
https://youtu.be/CBsYUki7rLQPart

Part 2(Companies Act)
https://youtu.be/YUbGbii2G08Join

Part 3(Companies Act)
https://youtu.be/ZunvdhPe6Hw