The article is all about the process of conversion of IFRS in India, and its advantage and challenge in India & its overview.
“Job work means any treatment or processing is undertaken by a person on goods belonging to another registered person and the expression ‘job worker’ shall be construed accordingly.
When a person is doing CA, he just only thinks about respect & earning in the future after becoming CA. So he choose one of the toughest course of the world. For becoming a CA you have to sacrifice all your comfort or we can say you have to leave your comfort zone & need to come in the struggle zone. There are lots of things that a CA student feel proud on that.
Composition Scheme is a simple and easy scheme under GST for taxpayers. Small taxpayers can get rid of tedious GST formalities and pay GST at a fixed rate of turnover. This scheme can be opted by any taxpayer whose turnover is less than Rs. 1.5 crore*.
The concept of appointing Key managerial Personnel (KMPs)in the case of certain classes of companies has found a place in the Statute Book for the first time through the insert of Section 203 of the Companies Act(herein after referred to as “The Act”
The word "Private Company" defined under Section 2(68) of the Companies Act 2013. It is now optional to keep any minimal capital.
AAAR: Breakwater is not 'plant and machinery' but a 'civil structure', not eligible for ITC
At the outset, Reserve Bank of India's efforts in acknowledging and taking timely measures to address the deteriorating financial position of Yes Bank Limited in the interest of the depositors and the public is admirable.
The MCA has allowed seeking an extension in the AGM through filing an application to the ROC
Lessons for the Languishing Indian Logistics Industry
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English