Income Tax
Form 16 vs Form 16A
 The primary difference between the two is the fact that the TDS deducted on Salary is reflected in Form 16, whereas the TDS Deducted on Other Payments is reflected in Form 16A. Additionally, Form 16 is... |
IFRS vs Indian GAAP
 IFRS stands for International Financial Reporting Standards. It was developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB). The Indian GAAP is... |
IFRS vs U.S. GAAP
 The IFRS stands for the International Financial Reporting Standards. It was developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB). The U.S. GAAP or... |
Fiscal Year vs Financial Year
 The terms Fiscal Year and Financial Year are synonymous, i.e. meaning the same thing. They are a period that governments use for accounting and budget purposes. However, they are also the duration on which tax... |
PAN Card vs AADHAR Card
 PAN stands for Permanent Account Number. It is a number that is issued to any person who pays tax. Aadhar is an UID, i.e. a unique identification number. Its main purpose is to create a database of each... |
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