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The Institute of Chartered Accountants of India

The CSR Committee has released the Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities on 1st July, 2020, which has also been hosted on the […]

MRP based duty on Computer peripherals

The Central Government vide Notification No. 6/2008 C.E.(NT) dated 24.1.2008 has notified that provisions of clause (ii) of section 133 of the Finance Act, 2007 will come into effect from […]

Budget 2012- INCOME FROM CAPITAL GAINS

Budget 2012- INCOME FROM CAPITAL GAINS EXEMPTIONS UNDER SECTION 54B ON SALE OF AGRICULTURAL LAND BY HUF It is proposed to extend the exemption under section 54B to HUF on […]

ONE PERSON COMPANY TO BE REALITY SOON

Co-Author: Nikita Agarwal  ACA, ACS No longer will one search for business partners or shareholders to form a company. Forming a company will not require company of anyone else and […]

How IND-AS impacted Merger and acquisitions in India.

  Mergers and acquisitions have become increasingly large, and complex in today’s business environment. Under the current Indian-GAAP (I-GAAP), such transactions are accounted for under different methods such as pooling […]