EXTENSION OF DUE DATES FOR COMPLIANCES IN VIEW OF ONGOING PANDEMIC

Ministry of Finance in a recent circular no-12 dated 25th June 2021 gave the extension of time limits of certain compliances to provide relief to taxpayers in view of the ongoing pandemic: Below are the due dates of compliances extended: The TDS return for the last quarter of the FY 2020-21 is further extended to […]

Bookkeeping and Accounting, A Must for Your Business

Every growing company needs to have a dedicated bookkeeping and accounting team or service provider. The two practices are absolutely essential to maintaining businesses and organizing finances. For an untrained eye, bookkeeping and accounting may seem like the same thing, but here at BBNC, we can explain what their differences are and how important it […]

MCA Lays Down Mandatory Rules Which Will Come into Effect From 1st April 2022

MCA Lays Down Mandatory Use of Accounting Software Having an Audit Trail New rules to come into effect from the beginning of the new financial year i.e., from 1st April 2022. The ministry of corporate affairs (MCA) has published a circular on 1st April 2021, under companies (Accounts) Amendment rule 2021. According to this circular companies […]