Articles by CA. A. Kumar

View Full Profile

Norms for filing TDS/TCS returns

CA. A. Kumar 07 July 2008 at 18:20

All tax deductors / collectors are required to file the TDS/TCS returns in Form No.24Q (for salaries), Form No.26Q (for payments other than salaries) or Form No.27EQ (for TCS). These forms require details of all tax deductions with name and permanent

Posted in Income Tax | 1 comments | 12588 Views

REVENUE RECOGNITION

CA. A. Kumar 06 July 2008 at 12:18

Revenue Recognition Principle Revenues are recognized when (a) realized or realizable and (b) earned. [SFAC No. 5, Para. 83] Revenues --> not recognized un

Posted in Accounts | 13323 Views