Author: indiafreenotes

A common size income statement is an income statement in which each line item is expressed as a percentage of…

A comparative analysis is one of the widely used tools to analyze financial statements. It is an act of comparing…

A Comparative Income Statement shows the operating results for several accounting periods. It helps the reader of such a statement…

The term ‘financial analysis’, also known as analysis and interpretation of financial statements’, refers to the process of determining financial…

Financial analysts play a critical role in an organization’s daily operations. At a high level, they research and utilize financial…

A form in which taxpayers declare their income details, tax payable on their income, exemptions, and deductions for a particular…

PAN Card This is the first and foremost prerequisite if you are filing an income tax return. Your name on…

Go to the Income Tax e-Filing portal, https://www.incometax.gov.in/iec/foportal/ Login to e-Filing portal by entering user ID (PAN), Password, Captcha code…

Form 26AS is a statement maintained and generated by the Income Tax Department for each individual assessee (person). Form 26AS…

Online Income Tax payment is a facility introduced by the Government of India (GoI). It is mandatory for the specified…