Hi everyone, I am currently pursuing the Chartered Accountancy course in India and I’m facing some difficulties in understanding the concept of taxation. Specifically, I’m finding it hard to grasp the intricate details of income tax calculations and various exemptions available. Can someone please help me with some tips or resources to better…Read More

I’m a commerce student in India preparing for my semester exams. Can someone explain the differences between job costing, process costing and contract costing methods? I’m having a hard time understanding when to use which method.