August 1, 2024

Laws for Accounting and Bookkeeping for Proprietorship Businesses in India

In India, proprietorship businesses, though not distinct legal entities separate from their owners, must comply with various laws and regulations related to accounting and bookkeeping. These regulations ensure transparency, accountability, and accuracy in financial reporting, which is crucial for tax compliance and overall business management. This article explores the key laws and standards governing accounting…

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WynSwell Developer (Team C)