Author: Kewal Garg
Medical Reimbursements made by the employer to employee exceeding Rs. 15,000 p.a. are considered as perquisite and taxable u/s 17(2). Provisions relating to determination of value of perquisites have …
The MCA has notified the Companies (Accounting Standards) Amendment Rules, 2018, to amend Accounting Standard (AS) 11: The Effects of Changes in Foreign Exchange Rates (revised 2003) applicable w.e.f. 1 April, 2018, …
ICAI has withdrawn Guidance Note on Accounting for Real Estate Transactions (applicable to Ind AS entities), originally issued based on principles of Ind AS 11 (Construction Contracts) and Ind …
PF Admin charges have been further reduced from 0.65% to to 0.5% applicable w.e.f. 1 June 2018, subject to a minimum of Rs. 500/ Rs. 75 in the case …
CBIC has notified Monthly Due Dates, from time to time, for Summary Return Filing in Form GSTR-3B and for Tax Payment by 20th of the Following Month, during the …
MCA has clarified about the applicable deadline of 1 May 2018 for filing requirements under e-CODS 2018, in respect of the cases where revival orders are pending before the …
To clarify the accounting treatment of the additional liability resulting from an increase in the gratuity ceiling under AS-15/Ind AS-19, the ICAI has released a list of frequently asked …
MCA notifies Companies (Meetings of Board and its Powers) Amendment Rules, 2018, inserting proviso to Rule 4 to allow directors to participate in meetings via video conferencing or other …
ICAI has issued Implementation Guide on Revised SA 700, SA 705 and SA 706, in view of new formats of audit reports having been prescribed under these audit standards …
MCA has announced further relaxation of additional fees and extension of last date upto 31/05/2018 for filing of AOC-4 XBRL E-Forms by Companies adhering to Ind AS Rules under …