Learn the difference between net worth and capital employed, their formulas, focus areas, and usage in assessing a company’s financial health and operations.
Explore Ind AS 10’s provisions on adjusting and non-adjusting events, accounting treatment, disclosure requirements, and practical examples of post-reporting events. SEO Slug: ind-as-10-events-after-reporting-period
Kerala High Court issues strict guidelines for captive elephant welfare, ensuring their health, rest, and humane treatment during festivals.
Supreme Court rules on ITC restrictions for construction under Section 17(5) of CGST Act in Safari Retreats Case. Clarifies “plant or machinery” eligibility and functionality test.
Scrutiny assessment which is mainly governed by Section 143 of IT Act is in-depth process used by tax officers to ensure accuracy and compliance in a assessee’s return filled. It is not like regular assessment processes scrutiny assessments involve detail examination of assessee’s financial submission, claim, deductions, & overall tax liability as disclosed in return […]
Rajasthan High Court affirms that right to health is integral to the right to life, emphasizing government responsibility for accessible healthcare services.
GST compliance on Buy One Get One Free offers, secondary discounts, and issuance of credit notes clarified by CBIC, including Input Tax Credit details.
SEBI proposes amendments to the definition of UPSI under PIT Regulations, 2015, expanding the list of material events. Public comments open till November 30, 2024.
Explore pollution types, causes, effects, and control measures under environmental law, focusing on regulations, remedies, and sustainable solutions for pollution management.
Explore waste management issues, environmental impacts, and legal frameworks to mitigate pollution and promote sustainable practices for a healthier ecosystem.