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CA Hitesh Sukhnani (Ex-employee)

I am a qualified Chartered Accountant from Jaipur. I have also completed my graduation (B.Com) from University of Kota. Currently, i am working with SAG Infotech as a Chartered Accountant.

What is Income Tax Department ‘Name and Shame’ Initiative?

An initiative ‘name and shame’ was introduced by the Income Tax department, last year, which now witnessed a reform for this financial year. Under which from now the taxpayers of all category, who are defaulters of Rs one crore and above, their names will be published in the leading national dailies. Earlier, under this exercise, […]

Brief Details of CBDT Income Declaration Scheme

The Central Board of Direct Taxes (CBDT) has provided clarification in details related to the queries of the Income Declaration Scheme, 2016 which has been incorporated as the Chapter IX to the Finance Act 2016. This Scheme provides an ease and opportunity again to all the persons who have not declared their income correctly in […]

Difference Between GST and SST (Sales & Service Tax)

Biggest indirect tax regime of india, the Goods and Services Tax (GST) is on its way to be adapted worldwide. After its inception, the present tax structure (Sales and Service Tax) will be replaced by the same. The need for GST in India is not only necessary to get rid from the troublesome current scheme of indirect taxes, but principally for reducing a huge number of exemptions, multiple rates and upgrading the tax compliances. Here we are going to put focus on some of the fundamental differences between the two and why the former is very prominent to be introduced soon.