An emblematic figure in the business world, the accountant is above all a professional figure. In times of crisis, it is precisely the role of the accountant to help the company keep the boat afloat and circumvent the pitfalls. Most companies use accounting services in Delhi for practical reasons: saving time, lack of knowledge and expertise, etc….
Author: AKGVG & Associates
No GST exemption on business transfer between distinct persons as a going concern
The transfer of a going concern in a simple way can be described as the transfer of a running business, which is capable of being carried on by the purchaser as an independent business. To have more understanding regarding the GST applicability on the transfer of business between distinct persons as a going concern, there…
Internal Audit: Identify business potential and threats
The term “internal audit” has grown in use in business today. Many large businesses and organizations like to develop their internal audit services and divisions while training their staff. It is important to determine whether an internal audit will report to the audit committee of the board of directors or directly to the board of…
5 Years of GST: Hit or miss
GST is touted to be India’s most comprehensive tax reform in decades, it is based on the principle of ‘one nation, one market, one tax’. GST was introduced with a promise and outlook of streamlining the tax system from inception, it subsumed 17 local levies like excise duty, service tax, VAT, and 13 cases. But…
Audio forensics- A brief insight
What is Audio Forensics? Audio forensics is a discipline of forensic science related to the acquisition, processing, and interpretation of recordings that may be used as evidence in a court of law. Checking the authenticity, enhancing audio clarity, transcription of the audio, and audio comparison are all part of this examination. Audio forensics evidence may be…
Is accounting service is necessary for business success?
The accounting professional, commonly called an accountant, is only remembered in the opening or closing of a company or in the emergence of problems that demand their participation to solve. However, accountants can do much more for the success of a company. It is necessary, however, that both parties – accountant and company – develop…
Tax consultancy firms: Helps to know the intricacies of tax audit
Our tax landscape can be very confusing. Depending on the company’s activities, annual turnover, and some other variables, different tax obligations can apply. The way to find out if your business is in line with tax requirements is through an audit, which can be facilitated with a tax audit report. So that you can better…
Skilled tax consultants can initiate effective tax planning for you
Business tax planning is a crucial step in developing and putting into action plans to lower a company’s tax obligations. It is a crucial component of corporate management that can aid in lowering overall operating expenses. One of the most crucial elements of a company’s financial strategy is corporate tax planning. Although it takes…
Prevent tax disputes with tax consulting firms in 2022
Selecting tax consulting firms can ease some of your tax administration duties. Utilizing a tax expert will also be more effective because it lowers the error rate in payment or reporting. Selecting a tax consulting firm shouldn’t be done at random. If you choose poorly, you may face penalties and other legal repercussions. A tax dispute is…
Broad process of an inventory audit
The management of the entity oversees physically verifying the inventory. Inventory must be physically counted at least once a year in accordance with established management procedures to verify its presence, condition, and support valuation. You are in luck if you are having one done for your company and are curious about the procedure. We shall…










