Articles by CA Anuj Agrawal

6th amendment to CGST rules (E-Way bill)

Posted by CA Anuj Agrawal 08 September 2017 12899 Views

Amendment will be called as - SIXTH AMENDMENT to CGST RULES 2017 Amendment effective from - Save as otherwise provided in these rules, they shall come i

Some important notes before finalising TRAN-1 even if already filed

Posted by CA Anuj Agrawal 06 September 2017 31118 Views

Useful points before finalizing TRAN-1 (practical point of view)- 1) Rule 117 (1) - "Provided further that where the inputs have been received from an Export ...

System based reconciliation of information furnished in Forms GSTR 1, GSTR 2 with form GSTR 3B

Posted by CA Anuj Agrawal 04 September 2017 24865 Views

Some important notes/ areas (AUTHORS Notes) based on the circular no 7/2017 dated 1 Sep 2017

Non-Controlling Interest - "Initial Measurement" Policy Choice Available?

Posted by CA Anuj Agrawal 01 September 2017 3321 Views

When an Entity is being acquired by another Entity, it has two way to look at it, first being 100% acquired where all controlling rights will be with Parent Ent...

Protective Rights - If to consider for controlling percentage?

Posted by CA Anuj Agrawal 18 May 2017 4740 Views

While analyzing the control aspect on any investments made by an entity, we usually go by the definition which suggests that while evaluating such rights which ...

Hedge Accounting - What is allowed to be hedged?

Posted by CA Anuj Agrawal 12 May 2017 6437 Views

Simple answer is to mitigate all expected losses or adverse effect on fair values of any balance sheet items (e.g. Investments etc) or an effect on Profit/Loss ...

Hedge Accounting - Risk Management 'Strategy' vs Risk Management 'Objectives'

Posted by CA Anuj Agrawal 08 May 2017 7401 Views

Several of our readers requested to have clarity on Hedge Accounting, However it will indeed be a very long topic hence from now onwards, we will start taking t...

Auditor's/ Management perspective - Equity Investments per Ind AS

Posted by CA Anuj Agrawal 04 May 2017 4387 Views

After the applicability of Ind-As in India the situation specific to the treatment of Equity Investments will be different and it will eventually change the who...

Breach of Covenants of a Loan - 'Classification change' under Ind AS

Posted by CA Anuj Agrawal 29 April 2017 6771 Views

Almost every loan agreement will be carrying some of the terms and conditions that are required to be fulfilled by a borrower to keep that loan continue as per ...

Normal Sale/Purchase transactions - Embedded Derivatives as per Ind-AS IFRS

Posted by CA Anuj Agrawal 24 April 2017 6769 Views

In continuation of previous articles on Double-double test, Caps & Floor , Call/Put/ Prepayments, Foreign Currency Bonds ,Credit derivatives & leases related o