Frequently Asked Questions-Insolvency Professionals1. Who is an insolvency professional (IP)?Ans. As per the Insolvency and Bankruptcy Code (IBC), 2016 an insol..
The following are the FAQs in relation to UDIN for Bank Audit:1. Whether UDIN is mandatory for Statutory Bank Audit?For Statutory Bank Audit, UDIN is not mandat..
IFRS 16 represents the first major overhaul of lease accounting in over 30 years. The new Standard will affect most companies that report under IFRS and are inv..
How do you treat a variable lease payment in the financial statements of an interim period?IFRS 16 must first be applied to accounting periods b
How To Get Higher Approval Chances On Loans Every time we apply for a loan, we are faced with the ambiguity of whether or not our loan application would be appr..
File Revised Return When a taxpayer discovers any omission or any wrong statement in the original Income Tax Return (ITR) submitted, the same can be corrected b..
The proposed GST returns Normal, Sugam and Sahaj have been released by the CBIC. Assessees with a turnover of up to Rs. 5 crores will have an option to choose
Saving money is often thought of as a complex and tedious activity. Every time your parents bring it up, you just want to run away from the room, isn't it
FAQs > GSTR-91. What is Form GSTR-9?Form GSTR-9 is an annual return to be filed once, for each financial year, by the registered taxpayers who were regular t
FAQs > GSTR-9A1. What is Form GSTR-9A?Form GSTR-9A is an annual return to be filed once, for each financial year, by taxpayers who have opted for composition
Excel Mastery Program