Experts Query Daily Digest :26 January 2025



26 January 2025 at 18:33
Posted On : 26 January 2025

Regarding Applicability of IND AS.

If Networth of unlisted company as on 31/03/2025 will be more than 250 crores then when to apply IND AS? Since as per section -2(57) of companies act, 2013 which defines Networth include networth "as per audited balance sheet " then on what basis we applies IND AS from 01.04.2025 if audit will done by September month and and also in some cases done by November month?


26 January 2025 at 20:45
Posted On : 26 January 2025

Articles status

Dear Guys
I have submitted the articles related to GST on caclubindia website. Is there any way to check the status of article on the website ?


26 January 2025 at 17:35
Posted On : 26 January 2025

Penalty u/s 125 for non filing of 3b return

Dear Sir,
Whether penalty u/s 125 can be exercised for non filing of 3b returns? Returns is nil return and filed on the same day of issuing notice.
Please clarify.