In the current Indian accounting system, all lands are being shown as fixed assets in the financial statements of any Company and are being depreciated based on..
With over four decades of association with the accounting profession, having witnessed phenomenal changes in the environment, expectations, opportunities and risks associated with the accountant�s role, due to the entry of computers in business organizations, I felt it appropriate to share my views here, for the benefit of young and budding Chartered Accountants.
Inventory Management is the process of ordering, storing, handling, retrieving, dispatching and accounting stock.
In this article, we discuss its implications on composition taxpayers and give some tips to reduce the financial and compliance burden.
In this article, the author has tried to list down the Specific Key Areas for auto and auto components sector.
Share investments used to be made using actual paper share certificates in the past. The investors received tangible grants of the investments they made in a corporation in the form of debentures or shares.
Ind AS conversion is a strategic issue. The board of directors and management need to explain to the stakeholders on changes and impact arising from the Ind AS ..
Default in filing the Return of Income within the prescribed due date results in a fee or penalty. In this article, we discuss various fees and penalties u/s 234F, 270A, and 276CC.
Taxpayers would only be able to claim ITC on invoices that have been uploaded by the supplier in GSTR 1 / IFF and reported to the registered person in Form GSTR 2B.
Indirect and direct taxes are the two most common types of taxes in India. In India, all taxes must be preceded by legislation passed by both the Parliament and State Legislatures.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English