About UsA Legend Is Born In The Web Sky We take pleasure to introduce ourselves as the avant-garde portal dedicated to accounts consultancy services. The URL of the web site is http://www.KhataOnline.com It is a unique portal, plausibly the only one of its kind. Who Are The Promoters Of This Portal A group of accounts and taxation professionals has started this unique web site. These professionals have vast experience in the fields of accounts, taxation, company law and financial management. They have started this online venture to help firms and individuals make use of the latest accounts and finance information. They also provide online consultancy through this web portal. Why Did They Create This Portal Every businessman—whether he is acting as an individual or as a head of his business firm—is too busy to take care of the accounts and finance aspects of his personal or business account. Here lies the crux of the problem. According to the latest notifications of the government, sales, tax, income tax, excise duty and other kinds of taxes must be calculated deducted and debited to various accounts at the right time of the year. Further, all accounts transactions like various book entries, ledger posting, trail balance, T&M account, P&L account and balance sheet must be posted in relevant books (manually or in computer) at the right time. This should be done at the time when the concerned accounts have been debited or credited. A businessman does not have the time to do so; nor has an individual who is employed in a firm. Thus, the accounts and finance of the individual or firm in question are never updated. They are half-prepared and give erroneous results. The requirements of government offices are not met. Taxes are not deposited with government departments in time. Forms are not issued to parties in time. Payments are not received in time because the firm or individual cannot keep track of what payment is to be received from whom. This leads to a chaotic state of affairs for the individual or firm in question. Sometime, the firm may have to pay fine to government for not paying taxes in time or for not depositing income tax, sales tax or other returns in time. |