Indian Accounting Standards-An Overview. ICAI releases 6th edition (Revised 2021)
The Institute of Chartered Accountants of India (ICAI) has released fifth edition of Indian Accounting Standards (IndAS): An Overview (Revised 2021).
The publication gives a glance on the basic aspects of applicable Ind AS in a summarised manner, differences between Ind AS and AS and Ind AS and IFRS.
The said publication captures all the amendments to Ind ASs notified by the MCA vide notification dated June 18, 2021, as Companies (Indian Accounting Standards) Amendment Rules, 2021, comprising critical amendments to Ind AS which are applicable for the accounting year beginning on or after April 1, 2021.
This publication also contains differences between Ind AS and IFRS and Ind AS and existing AS
Denying the accumulation of u/s 11(2) merely on grounds of a procedural delay in filing Form No. 10 is unsustainable…
Engagement of 05 Young Professionals CAs in the Office of Central Registrar of Cooperative Society on contractual basis The office…
Immunity u/s 270AA(2) in respect of a single transaction can not be denied to one assessee when the penalty was…
ITAT deleted addition u/s 69A towards jewellery found in search in view of Indian traditions, CBDT Instruction and High Court…
Documents obtained post search and information obtained from the public domain not incriminating material. Documents obtained by AO post search…
Information of deposits in bank did not constitute fresh information necessitating second reopening due to change in bank name In…