Ruchi Gandhi

Never Stop Learning

Ruchi Gandhi

About Ruchi Gandhi

A CA together with MBA (Fin) and M Com, she relishes taking interest in insightful writing in the domain of taxation and finance. She has gained experience as a full-time author and has also served an accounting role in industry.


Transfer Pricing in India

All you need to know about Market-Based Transfer Pricin...

For corporations with a small number of subsidiaries, simple supply chains, in which commodities are moved from one division to another, function well. But...

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Finance & Accounting

Identification of Operating Segments under IFRS 8

IFRS 8 deals with the identification of operating segments of an organization. The underlying concept of IFRS 8 is that an organization should disclose inf...

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Finance & Accounting

GAAR accounting and its Scope to combat tax evasion...

The provisions for General Anti-Avoidance Rules ('GAAR') were added to the Income Tax Act of 1961 ('Act') on April 1, 2017, by way of introduction of Chapt...

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Finance & Accounting

Significant disclosure under IFRS 7 for Financial Instr...

IFRS 7 is one of three IFRSs that apply to financial instruments: IAS 32, IAS 39, and IFRS 7. IAS 39 is being revised in stages; a portion of the...

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Finance & Accounting

IAS 20 on Government Grants and Assistance

IAS 20 deals with the accounting of government grants and other types of government assistance. This Standard applies to financial statements for fiscal ye...

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Finance & Accounting

Implementation of IFRS 6 for Exploration of Mineral Res...

IFRS 6 is devoted to assets derived from the exploration and utilization of natural mineral resources. It should be noted that IAS 16 on property, pla...

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Finance & Accounting

The treatment of Non-Current Assets that are Held for S...

Non-current assets held for sale are subject to IFRS 5. Such assets occur when companies decide to stop specific operations or sell assets that were not pr...

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Finance & Accounting

Need for IAS 19 and its Accounting Principles for Emplo...

Employee benefit expenses and liabilities must be presented in your accounting records in a consistent and fair manner. Accounting, presentation, and discl...

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