Think of a situation where you "consider bad as good and good as bad." This same thing you do with your assets and liabilities…Getting my point...
A Contractor is about to transfer Capital Assets, Tools and Spares from one of his sites at Maharashtra to another site at Gujarat and wants to understand GST applicability in this case.
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In our view, the companies undertaking CSR projects can only have the query on ITC availment of goods and services used to incur CSR expense and no query on ITC pertaining to capital goods.
SEBI Forex Trading Authorization is a type of authorization granted by the Securities and Exchange Board of India (SEBI) to a person or organization, allowing them to conduct Foreign Exchange (Forex) trading activities in the Indian financial markets.
AS-5 required that All items of income and expense which are recognised in a period should be included in the determination of net profit or loss for the period unless an AS requires or permits otherwise.
Debits and credits are twins of Accounting, On which depend the efficacy of Accounts.
As you are aware that there are various types of Motor Insurance Policies are available in the market. These policies provide different types of benefits based on coverage and riders opted by the insured.
14 December 2022
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Financial literacy is an important skill in today's world, and having the right resources at your disposal can make all the difference.
GST registration is mandatory for all individuals and businesses in India that offer products or services. GST registration is necessary when the entire cost of delivering items exceeds Rs. 40 lakh.
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