Sharda Associates offers experienced financial consulting services throughout India, including accounting support, project reports, GST registration, income tax filing, loan paperwork, and corporate...
After three years of increasing sales, a shop owner in Bhopal once questioned why his loan was delayed. His income has nothing to do with the solution. His balance sheet had a current ratio of 0.85 in...
The current ratio compares what a business owns short-term against what it owes short-term. The formula itself takes five seconds to write down. Getting the right numbers into it — pulled correctly...
Financial statements contain hundreds of figures, but looking at them individually does not always inform a business owner if the company is doing well. A profit of ₹20 lakh may appear good until...
Sharda Associates offers experienced assistance for income tax filing, project reports, GST services, business registration, and financial consulting throughout India. Our skilled professionals assist...
Income-tax rules change frequently, and an amendment that was important when introduced may not necessarily remain applicable in the same form five years later. Several significant tax changes were...
Medical treatment and disability-related fees can be a considerable financial burden for an individual or family. The Indian income-tax legislation allows for certain deductions in circumstances...
Resident individual taxpayers and Hindu Undivided Families (HUFs) may deduct medical costs for the treatment of certain illnesses and conditions under Section 80DDB of the Income Tax Act. Subject to...
A resident with a documented disability may deduct a fixed amount from their taxable income under Section 80U of the Income Tax Act. If the taxpayer satisfies the eligibility requirements and has a...