CAclubindia Articles

Confused while claiming ITC & the fuss for Rule 36(4) - Lets find out why?

Shivani Dundlodia 20 August 2021 at 09:33

To minimize the drawbacks of 2A, a new statement was launched i.e GSTR 2B. It is a static, month-wise auto-populated statement reflecting details of all the purchase-related details.

Decisions taken in SEBI Board Meeting held on 6th August 2021

FCS Deepak Pratap Singh 20 August 2021 at 09:33

In its meeting dated 6th August 2021, the Securities and Exchange Board of India took six major decisions. Same has been discussed in this article.

India Withdraws The Infamous Retrospective Amendment In Finance Act, 2012

FCS Deepak Pratap Singh 20 August 2021 at 09:33

Vodafone and Cairn, and other taxpayers would be greatly benefitted from this change as they no longer have to battle with the Indian Government and would also get refund of taxes paid (without interest).

All about Ind AS 41

Sachin 20 August 2021 at 09:33

Ind AS 41 is applicable to biological assets relating to agricultural activity, agricultural produce up to the point of harvest and government grants relating to agricultural activity.

Evolution Of Responsible Business and the Concept Of Sustainability

FCS Deepak Pratap Singh 20 August 2021 at 09:32

Sustainability practices in the long run, would lead to improved financial performance of the firm, increased competitive advantage, profit maximisation and long-term success of the firm.

IND AS 105: Non Current Assets held for sale and discontinued operations

Sachin 20 August 2021 at 09:32

The objective of IND AS 105 is accounting treatment and disclosure of non current assets held for sale / discontinued operations and to inform the users of financial statements.

All about Alternative Investment Fund (AIF)

vipul1994 20 August 2021 at 09:32

Alternative Investment Fund means any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors.

Analysis of IND AS 40 - Accounting and disclosure of investment property

Sachin 20 August 2021 at 09:32

Ind AS 40 is covered when an Investment Property is held under ownership and given on an operating lease and when the Investment Property is held under finance lease and given on an operating lease.

Cybersecurity & its increasing demand

vipul1994 20 August 2021 at 09:31

Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks. These cyberattacks are usually aimed at accessing, changing, or destroying sensitive information.

Ind AS 20: Government Grants

Sachin 20 August 2021 at 09:31

Ind AS 20 is applicable where there is reasonable assurance that grants will be received, and the entity will comply with the conditions attached to the receipt of the government grant.