Unlock the essentials of Ind AS 116, covering recognition, measurement, and disclosure of leases to improve financial transparency and compliance.
Ind AS 115, Revenue from Contracts with Customers provides a comprehensive framework for recognizing revenue from contracts with customers. The standard has a five-step approach that entities must follow to recognize revenue.
Explore the essentials of Section 43B(h) & Section 15 under MSMED Act for prompt payments & legal compliance in micro, small, and medium enterprises.
Explore the US Corporate Taxation overview in the Tax Cuts and Jobs Act (P.L. 115-97). Learn more about its flat 21% rate & the move to a territorial system.
Learn the essentials of tax forms 1040 and 1040-SR, understand the impact of Social Security Numbers on taxes, and explore crucial filing statuses and rules in this comprehensive tax guide.
Explore the Cost Plus Method for transfer pricing. Learn its application, methodology, and key considerations. Navigate complexities with practical examples.
Explore the intricacies of Resale Price Method (RPM) in transfer pricing. Understand its components, implementation steps, and real-world applications. Dive into case examples highlighting strengths, weaknesses, and considerations for reliable comparisons
Explore Section 132 of the Income Tax Act, detailing search and seizure powers, authorizations, examinations, and rules for a transparent process
This section delves into transactional profit methods, which serve to analyze the profits derived from specific controlled transactions to ascertain if the transfer price aligns with arm’s length principles. Within this category, two primary methods are discussed: the Transactional Net Margin Method (TNMM) and the Profit Split Method (PSM).
Navigate the complexities of UAE Corporate Tax with our comprehensive guide. Understand tax rates, residency rules, deductions, group taxation, and compliance requirements.
