What is Section 194M?

Section 194M was introduced for situations where an individual or Hindu Undivided Family (HUF) makes a large payment to...

What are Limitations of Profit Earnings Ratio?

The Profit Earnings Ratio, commonly known as the Price to Earnings (P/E) Ratio, is one of the most widely used financial...

What is Inventory Turnover Ratio?

A business may report good sales and profit but still face cash-flow problems if too much money is blocked in unsold...

What is the Operating Profit Ratio?

The Operating Profit Ratio is a financial profitability ratio that indicates the link between a company’s...

Significance of Gross Profit Ratio

In today’s competitive financial market, every business owner, startup creator, and investor must understand the...

How to calculate the Quick ratio

Sharda Associates offers experienced financial consulting services throughout India, including accounting support...

Significance of the current ratio

After three years of increasing sales, a shop owner in Bhopal once questioned why his loan was delayed. His income has...

How to calculate the current ratio?

The current ratio compares what a business owns short-term against what it owes short-term. The formula itself takes...

Advantages & Limitations of Ratio Analysis

Financial statements contain hundreds of figures, but looking at them individually does not always inform a business...

What Is Section 15 of the Income Tax Act?

Sharda Associates offers experienced assistance for income tax filing, project reports, GST services, business...

Amendment in tax laws from 1st April 2021

Income-tax rules change frequently, and an amendment that was important when introduced may not necessarily remain...

Differences between Section 80DD, Section 80DDB and Section 80U

Medical treatment and disability-related fees can be a considerable financial burden for an individual or family. The...

What is Section 80DDB? Eligibility, Deduction Limit, Diseases Covered & Tax Benefits

Resident individual taxpayers and Hindu Undivided Families (HUFs) may deduct medical costs for the treatment of certain...

What is Section 80U? Eligibility, Deduction Limit, Documents & Tax Benefits

A resident with a documented disability may deduct a fixed amount from their taxable income under Section 80U of the...

What Is Partnership at Will? Meaning, Features, Registration, Advantages & Dissolution

A Partnership at Will is a partnership firm that has no fixed duration and no predetermined method of dissolution...

Useful Income Tax Deductions to Save Taxes in India: Complete Guide

By claiming qualified investments, costs, and financial commitments under the Income Tax Act, taxpayers can legitimately...

When Is an E-Way Bill Not Mandatory? GST Rules Explained

Sharda Associates assists entrepreneurs in creating CA-certified, bank-ready financial projections, DPRs, CMA data, and...

What is an E-way bill?

Sharda Associates provides professional support with GST registration, E-Way Bill creation, GST return filing, tax...

E-Invoicing Under GST: Applicability, Rules & Process

Issuing an invoice that appears to be legitimate but was never reported to the Invoice Registration Portal can render...

How to save tax on capital gain?

Managing capital gain tax calculations, exemption claims, and documentation can be confusing for many taxpayers. Even a...

How to file ITR-5

Filing your income tax return might feel like solving a hard puzzle, especially if you manage a business structure other...

What is Section 234A?

Sharda Associates provides professional help with income tax filing, late return compliance, tax notices, documentation...

What is Rent Free Accommodation (RFA)

Rent Free Accommodation (RFA) is a taxable benefit offered by an employer to an employee as part of their wage package...

Income Tax for Self-Employed in India

Being self-employed provides you with flexibility and control, but it also requires you to calculate, pay, and file your...

Is SCSS Still the Best Guaranteed Income Option for Retirees

Choosing the right retirement instrument is just as important as picking the right tax framework around it — and most...

Union Budget 2026-27 Highlights Key Announcements for Taxpayers & MSMEs

Every Union Budget delivers changes that silently affect your tax return, business loan eligibility, or compliance...

Section 80CCG of Income Tax Act

Tax-saving sections change over time, and relying on obsolete information when planning your investments may result in...

How to Calculate TDS on Salary: Step-by-Step Guide

TDS on salary is the income tax deducted by an employer before paying salary to an employee. Unlike many other TDS...

Accounting Services That A Small Business Should Have

Running a small business in India requires more than just selling and operating. Accounting services for small...

What is a CMA Report? Meaning, Format, and Why Your Bank Needs It

You’ve probably heard of the term “CMA Report” if you’ve ever asked for a term loan, working...