ICAI Quick Referencer on IndAS. It provides glance on basic aspects of applicable standardsÂ
ICAI Quick Referencer on IndAS
Literature of the Indian Accounting Standards (IndAS) is vast and going through the entire literature when in need of a particular aspect is a practical problem.
Taking cognizance of this practical problem, the ICAI has released a publication named Quick Referencer on Indian Accounting Standards. The said publication has been brought out that provides a glance on the basic aspects of applicable standards in a summarised manner with an objective to provide a basic understanding of IndASs to the Chartered Accountants (CAs).
Apart from the members, the publication will be very useful for the other concerned stakeholders.
This publication however provides only a glance through the applicable Ind ASs and for a better and detailed understanding of Ind ASs, it is advisable go thoroughly through the entire text of the Standards and publications such as Educational Materials and ITFG Clarification Bulletins
Download ICAIÂ Quick Referencer on Indian Accounting Standards Click Here >>
- AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT
- Shareholders can’t be taxed for income from properties owned by the company – HC
- Jurisdictional error in reassessment approval can’t be shielded by the law of limitation
- ITAT ought to remanded whole matter of bogus purchases instead of profit determination
- Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A
