Articles by CA Anuj Agrawal

6th amendment to CGST rules (E-Way bill)

CA Anuj Agrawal 08 September 2017 at 10:59

Amendment will be called as - SIXTH AMENDMENT to CGST RULES 2017 Amendment effective from - Save as otherwise provided in these rules, they shall come i

Some important notes before finalising TRAN-1 even if already filed

CA Anuj Agrawal 06 September 2017 at 11:34

Useful points before finalizing TRAN-1 (practical point of view)- 1) Rule 117 (1) - "Provided further that where the inputs have been received from an Export ..

System based reconciliation of information furnished in Forms GSTR 1, GSTR 2 with form GSTR 3B

CA Anuj Agrawal 04 September 2017 at 10:52

Some important notes/ areas (AUTHORS Notes) based on the circular no 7/2017 dated 1 Sep 2017

Non-Controlling Interest - "Initial Measurement" Policy Choice Available?

CA Anuj Agrawal 01 September 2017 at 11:08

When an Entity is being acquired by another Entity, it has two way to look at it, first being 100% acquired where all controlling rights will be with Parent Ent..

Protective Rights - If to consider for controlling percentage?

CA Anuj Agrawal 18 May 2017 at 11:19

While analyzing the control aspect on any investments made by an entity, we usually go by the definition which suggests that while evaluating such rights which ..

Hedge Accounting - What is allowed to be hedged?

CA Anuj Agrawal 12 May 2017 at 11:11

Simple answer is to mitigate all expected losses or adverse effect on fair values of any balance sheet items (e.g. Investments etc) or an effect on Profit/Loss ..

Hedge Accounting - Risk Management 'Strategy' vs Risk Management 'Objectives'

CA Anuj Agrawal 08 May 2017 at 10:39

Several of our readers requested to have clarity on Hedge Accounting, However it will indeed be a very long topic hence from now onwards, we will start taking t..

Auditor's/ Management perspective - Equity Investments per Ind AS

CA Anuj Agrawal 04 May 2017 at 11:07

After the applicability of Ind-As in India the situation specific to the treatment of Equity Investments will be different and it will eventually change the who..

Breach of Covenants of a Loan - 'Classification change' under Ind AS

CA Anuj Agrawal 29 April 2017 at 12:05

Almost every loan agreement will be carrying some of the terms and conditions that are required to be fulfilled by a borrower to keep that loan continue as per ..

Normal Sale/Purchase transactions - Embedded Derivatives as per Ind-AS IFRS

CA Anuj Agrawal 24 April 2017 at 11:10

In continuation of previous articles on Double-double test, Caps & Floor , Call/Put/ Prepayments, Foreign Currency Bonds ,Credit derivatives & leases related o