Articles by CA Sanat Pyne

View Full Profile

FAQs on IND AS 10

Posted by CA Sanat Pyne 10 April 2023 1857 Views

Frequently Asked Questions (FAQs) on IND AS 10

FAQs on IND AS 16

Posted by CA Sanat Pyne 08 April 2023 3980 Views

IND AS 16 is a standard that sets out the accounting treatment for property, plant, and equipment. It provides guidance on the recognition, measurement, and disclosure of such assets.

FAQs on IND AS 7

Posted by CA Sanat Pyne 07 April 2023 3731 Views

IND as 7 refers to the Indian Accounting Standard (IND AS) 7, which is the standard that provides guidance on how to prepare and present cash flow statements.

Understanding IND AS 1: Presentation of Financial Statements

Posted by CA Sanat Pyne 06 April 2023 5985 Views

The Indian Accounting Standards (IND AS) were introduced in India in 2015, to bring greater transparency and consistency to financial reporting. One of the key standards is IND AS 1 - Presentation of Financial Statements.

FAQs on IND AS 1

Posted by CA Sanat Pyne 05 April 2023 1665 Views

IND AS 1 is the Indian Accounting Standard that sets out the rules for the presentation of financial statements.

Implementation of Audit Trail software

Posted by CA Sanat Pyne 03 April 2023 4164 Views

An Audit Trail is a chronological record of all the events or transactions that have occurred within a particular system or process. It is used to track changes to data and document who made those changes, when they were made, and why.

Section 194IA: Understanding TDS on Immovable Property

Posted by CA Sanat Pyne 01 April 2023 7771 Views

Section 194IA of the Income Tax Act governs the TDS deduction on the transfer of immovable property. In this article, the author will discuss the provisions and implications of this section in detail.

Job work process under GST

Posted by CA Sanat Pyne 23 March 2023 15976 Views

Job work is a process where a principal manufacturer or supplier (referred to as "principal" from herein) sends raw materials or semi-finished goods to a third-party manufacturer or service provider (referred to as "job worker") to process, assemble, or complete a particular job or work.

All about GTA under GST

Posted by CA Sanat Pyne 21 March 2023 11155 Views

In this article, we will discuss the definition of GTA, its scope under GST and the compliance requirements for businesses that fall under the category of GTA.

Export under GST

Posted by CA Sanat Pyne 18 March 2023 14221 Views

Under GST, the term "Export" refers to the supply of goods or services that are sent outside the territory of India. This means that any supply of goods or services that leaves India's boundaries can be considered an export.