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Common Terms associated with the Will writing process

Common Terms associated with the Will writing process

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Common Terms associated with the Will writing process 1.Intestate:A person who dies without leaving a “Will” is said to have died intestate; as per the applicable personal law of the deceased, all his legal heirs, are entitled to the ass...

Author:

Expertmile Admin


What is a Will?and Who can write a Will?

What is a Will? and Who can write a Will?

746 views

What is a Will? A Will is a document, considered as a legal declaration of the intention of a Testator about the distribution / disposal of his possessions / assets / properties etc. after his death. The Will would specifically have detail...

Author:

MANISH TERVANKAR


Income Tax Department carries out searches in Bihar

Income Tax Department carries out searches in Bihar

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Income Tax Department carries out searches in Bihar The Income Tax Department carried out searches on 19.10.2020 in the cases of two Government contractors having premises in Purnea, Katihar and Saharasa and a silk trader in Bhagalpur in Bihar. ...

Author:

Expertmile Admin


What is EVC and how to verify my return through EVC?

What is EVC and how to verify my return through EVC?

215 views

What is EVC and how to verify my return through EVC? The Electronic Verification Code (EVC) would verify the identity of the person furnishing the return of income. Taxpayer has an option to e-Verify the return at the time of uploading / after uploa...

Author:

MANISH TERVANKAR


What is an Electronic Credit Ledger?

What is an Electronic Credit Ledger?

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1. What is an Electronic Credit Ledger? In the Electronic Credit Ledger, all credits accrued on account of inward supplies made by a taxpayer within a tax period are accumulated. The ledger is maintained Major Head-wise, i.e., IGST, CGST, SGST, and...

Author:

MANISH TERVANKAR


More than 1.5 Cr. Kisan Credit Card issued & 1.35 lakh Cr. KCC limit sanctioned so far under KCC Saturation drive.

More than 1.5 Cr. Kisan Credit Card issued & 1.35 lakh Cr. KCC limit sanctioned so far under KCC Saturation drive.

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More than 1.5 Cr. Kisan Credit Card issued & 1.35 lakh Cr. KCC limit sanctioned so far under KCC Saturation drive. Milestone of 1.5 crore KCC sanctions with credit limit of Rs.1.35 lakh crore achieved under Special KCC Saturation Drive for farme...

Author:

Expertmile Admin


Know all about Form Electronic Cash Ledger

Know all about Form Electronic Cash Ledger

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Know all about Form Electronic Cash Ledger 1. What is the Electronic Cash Ledger? The Electronic Cash Ledger contains a summary of all the deposits/payments made by a taxpayer. In the ledger, information is kept minor head-wise for each major head....

Author:

MANISH TERVANKAR


MSME Ministry had requested top 500 corporates for paying dues of MSMEs

MSME Ministry had requested top 500 corporates for paying dues of MSMEs

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Riding on excellent outcome of its efforts, MSME Ministry substantially widens request to India Inc. for making payments to MSMEs; writes to over 2800 corporates to clear MSME duesMSME Ministry's Vigorous follow up with Central Ministries, CPSEs &a...

Author:

Expertmile Admin


All you need to know About Comparison of Liability Declared and ITC Claimed GST Tax Liabilities and ITC Comparison Report

All you need to know About Comparison of Liability Declared and ITC Claimed GST Tax Liabilities and ITC Comparison Report

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All you need to know About Comparison of Liability Declared and ITC Claimed GST Tax Liabilities and ITC Comparison Report 1. What is GST Tax Liabilities and ITC Comparison Report? The GST Tax liabilities and ITC Comparison report is the comparison...

Author:

MANISH TERVANKAR


Utilization of Electronic Cash and Input Tax Credit (ITC) Ledger

Utilization of Electronic Cash and Input Tax Credit (ITC) Ledger

393 views

Utilization of Electronic Cash and Input Tax Credit (ITC) Ledger 1. I was trying to make payment of the tax and was trying to offset my liability from the Electronic Cash Ledger; however I faced error. On what basis can I utilize the balance in Elec...

Author:

Expertmile Admin