View Full Profile
The most important section in Income Tax Act, 1961 that lays down various products/options available to taxpayers is Section 80C. The total admissible deduction under Section 80C is Rs.150,000.
As we all know that RBI vide Notification dated 27th March, 2020 has announced a COVID-19 Regulatory Package which includes Reschedule of EMIs falling due during the period of March 1st ,2020 to May 31st 2020 to provide relief to the borrowers and to mitigate the burden of debt servicing and also to ensure the continuity of viable businesses.
Basic Earning per Share computation is a concept envisaged by IND AS 33. The formula for the computation of Basic Earning per Share is Profit/Loss Attributable to ordinary equity shares divided by the weighted average number of equity shares outstanding during the period.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
