AS 2 – Valuation of Inventories prescribes accounting treatment for inventories and sets the guidelines to determine value at which inventories are carried in financial statements. Indian Accounting Standard (Ind AS) 2, Inventories, prescribes the accounting treatment for inventories, such as, measurement of inventories, recognition of inventories as expense and disclosure etc. S. No. Ind […]
Guidelines for Appointment of Insolvency Professionals as Administrators under the Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018. Insolvency and Bankruptcy Board of India 7′ Floor, Mayur Bhawan, Connaught Place New Delhi-110001 Tel: +91 11 23462849 E-mail: ritesh.kavdia@gov.in Web.: www.ibbi.gov.in File No. IP-12011/1/2019-IBBI 26th March, […]
Excel utility for GSTR-2A Reconciliation and Reconciliation’s importance in GST. Today reconciliation has become the most Important task to file accurate returns and later to compile GSTR 9 and GSTR 9C There are Five types of reconciliation expected of us for the most accurate filing of GSTR 9 and 9C 1. GSTR 3B with books […]
Introduction of e-Form ACTIVE (Active Company Tagging Identities and Verification) in Form 22A With the recent spate of issues in corporate governance and disappearance of Companies, Government has taken several steps such as filing of Form DIR 3 – KYC by Directors as well as introduction of new e-Form 22A which may be called as […]