This professional analysis covers accounting, tax, and reporting issues for virtual assets in India, including classification, revenue recognition, tax implications under Section 115BBH, and compliance practices.
An analysis of accounting for derivatives in Indian treasury operations, covering Ind AS/IFRS, fair value measurement, hedge accounting, and practical journal entries.
CESTAT Ahmedabad held that in case of bulk liquid cargo imports measurement in tanks on shore into which such cargo is pumped from the tanker is to be considered as basis for levy of customs duty.
A guide to accounting for e-commerce companies in India, covering revenue recognition, GST compliance, TCS, income tax issues, and audit considerations.
IFSCA seeks public comments on a draft circular outlining new compliance requirements for internet banking services offered by IFSC Banking Units, effective by March 2026.
DGFT clarifies that all spices are ineligible for import under the DFIA scheme due to their classification under Appendix 4J, which requires pre-import conditions.
Ministry of Corporate Affairs extends virtual AGMs and EGMs via VC/OAVM until further notice, but clarifies that statutory deadlines remain unchanged.
