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Blog, News, Account & Audit

August 22, 2023

Asset Developed Under ‘Service Concession Agreement’ is Classified as Intangible As Per Ind AS 115

A Ltd. herein referred to … Continue reading “Asset Developed Under ‘Service Concession Agreement’ is Classified as Intangible As Per Ind AS 115”

Blog, News, GST & Customs

August 21, 2023

[Opinion] GST on Warranties – Must Needed Clarification

Komal Sampat, Komal Patolia & … Continue reading “[Opinion] GST on Warranties – Must Needed Clarification”

News, Blog, GST & Customs

August 21, 2023

Investigation Initiated Against Supplier of Petitioner Can’t Have Any Bearing on Action Against it by State Authority | HC

Case Details: Fondement Bitumenous Industries … Continue reading “Investigation Initiated Against Supplier of Petitioner Can’t Have Any Bearing on Action Against it by State Authority | HC”

Blog, News, Account & Audit

August 21, 2023

A Combined Disclosure Checklist for AS 23, Associate Accounting & AS 27, Accounting for Joint Venture

AS 23, Accounting for Investments … Continue reading “A Combined Disclosure Checklist for AS 23, Associate Accounting & AS 27, Accounting for Joint Venture”

Blog, News, Company Law

August 21, 2023

SEBI’s Order Cancelling Registration of CRA for Routine Operational Errors & Trivial Violations Was to be Quashed | SAT

Case Details: Brickwork Ratings India … Continue reading “SEBI’s Order Cancelling Registration of CRA for Routine Operational Errors & Trivial Violations Was to be Quashed | SAT”

Blog, News, Income Tax

August 21, 2023

[Opinion] How to Optimise Tax on Life Insurance Policies Having Annual Premium Exceeding Rs 5 Lacs?

Mayank Mohanka – [2023] 153 … Continue reading “[Opinion] How to Optimise Tax on Life Insurance Policies Having Annual Premium Exceeding Rs 5 Lacs?”

Blog, News, Income Tax

August 21, 2023

CBDT Revises Rule 3 to Lower Rates of Rent-free Accommodation Valuation & Introduces an Inflation-linked Cap

Notification No. 65/2023, dated 18-08-2023 … Continue reading “CBDT Revises Rule 3 to Lower Rates of Rent-free Accommodation Valuation & Introduces an Inflation-linked Cap”

News, Blog, Account & Audit

August 19, 2023

A Study of Provisions of the MSMED Act & Related Disclosure Under Schedule III of Companies Act

Micro, Small, and Medium Enterprise … Continue reading “A Study of Provisions of the MSMED Act & Related Disclosure Under Schedule III of Companies Act”

Blog, News, Income Tax

August 19, 2023

Mutuality Doesn’t Exempt Interest Income of Clubs Even If Banks are Corporate Members | SC

Case Details: Secundrabad Club etc. … Continue reading “Mutuality Doesn’t Exempt Interest Income of Clubs Even If Banks are Corporate Members | SC”

Blog, News, Income Tax

August 19, 2023

CBDT Includes ‘IFSC Unit’ in Scope of ‘TT Buying Rate’ for Computing TDS on Foreign Currency Income

Notification No. 64/2023, dated 17-08-2023 … Continue reading “CBDT Includes ‘IFSC Unit’ in Scope of ‘TT Buying Rate’ for Computing TDS on Foreign Currency Income”