Ind AS 23 prescribes the accounting treatment for recognising the borrowing costs incurred by entities. It sets out the criteria for capitalising the borrowing costs or for charging the borrowing costs as expense to the statement of profit and loss.
Securities and Exchange Board of India Consultation Paper on introduction of provisions relating to appointment / re‑appointment of persons who fail to get elected as Whole-time directors / Managing Directors at the general meeting of a listed entity Jan 27, 2021 | Reports : Reports for Public Comments 1. Objective To solicit public comments / […]
Officers of CGST Ghaziabad Commissionerate conducted a series of searches on the various offices of Ghaziabad based firm and unearthed a fraud worth Rs 14.19 Cr.
SEPC has recently submitted a representation to Hon’ble Minister of Finance Smt. Nirmala Sitharaman to take note of the concerns of the services sector and give the approval for release of SETS notification for the year 2019-20. Full text of their letter is as follows:- SERVICES EXPORT PROMOTION CONCUIL (Set by Ministry of Commerce and […]
Standard On Assurance Engagements (SAE) 3410 Assurance Engagements On Greenhouse Gas Statements Standard on Assurance Engagements (SAE) 3410, Assurance Engagements on Greenhouse Gas Statements, should be read in the context of the Preface to the Standards on Quality Control, Auditing, Review, Other Assurance and Related Services and Guidance Note on Reports or Certificates for Special […]
On 16th January Twitter user Sudhir Parmar has asked CBIC two question related to claim of ITC in case of filing of Quarterly Return by Supplier. Question asked were as follows:- 1. Will the Buyer of QRMP opter get ITC each month if the tax payer files R1 at quarter end, instead of uploading invoices […]
Background: In today’s era we all are looking forward to maximize our returns, may be in the form of fees from our clients or in form of Salary & Perks from our organization. In this tech-savvy world also, the maxim still holds true: “To Get What You Want, Help Others to Get What They Want” […]
Mandatory display of Country of Origin and Manufacturer, Seller Details on products sold on E-Commerce Portal of Amazon, Flip kart and other e- commerce portals.
Objective of Punjab GST Audit Manual is to outline the principles and procedures for audit conducted under the Punjab Goods and Services Tax Act, 2017 and the Rules made there under. In this document registered person selected for audit is referred to as an Auditee.
The Duty Magistrate has been appointed to demolish all the illegal farmhouses on Aravalli forest hills will start soon. On the report of Forest Department, approximately 100 illegal farmhouses were built on the Aravalli forest area in Gurugram district, mostly in Gwalpahari and Garatpur Bas villages and areas of Sohna and Manesar and these farmhouses were built in around 50 […]
