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The Finance Minister had announced Union Budget 2022 on 1st Feb 2022 wherein no changes were made to the existing tax structure, which disappointed a few o...
IAS 16 specifies the accounting treatment in relation to property, plant, and equipment (PPE), making it one of the essential and widely used standards. Th...
There may be a period of time between the balance sheet date (or the reporting date) and the day the financial statements are approved. Some events will oc...
Banks must follow the internal capital adequacy assessment process in order to perform risk assessment. The RBI has placed the ICAAP requirement for middle...
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Section 269SU under the Income Tax Act was introduced with a view to promote cashless economy and stimulate digital mode of accepting payments. This articl...
With the commencement of the new income tax regime, as a taxpayer you may be confused about which one is better among the Old and new income tax regime. To...
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