About AS 25 of ICAI: Interim Financial Reporting
AS 25 of ICAI explains interim financial reporting rules for non-Ind AS entities. Learn scope, EPS, comparative data, SEBI timelines, and disclosures.
Author: Vinod Arora
Meaning of Business and Profession: Section 2(13)/ 2(36) Income Tax
Understanding the difference between 'business' and 'profession' is crucial for taxpayers in India. This distinction impacts various aspects of taxation.
About AS-23 of ICAI: Accounting for Investments in Associates
AS 23 of ICAI explained for accountants and finance professionals: equity method procedures, associate definitions, consolidation requirements, and disclosure rules.
About AS 26 of ICAI: Intangible Assets
AS 26 of ICAI covers recognition and measurement of intangible assets under Indian GAAP. Learn rules, examples, disclosures, and compliance essentials.
About AS 27 of ICAI: Financial Reporting of Interests in Joint Ventures
A clear and practical guide to Accounting Standard (AS) 27 of ICAI on financial reporting of joint ventures, including forms of joint ventures, accounting rules, disclosures and proportionate consolidation.
About AS 28 of ICAI: Impairment of Assets
A comprehensive guide to AS 28 of ICAI “Impairment of Assets”, its objective, scope, indicators, measurement, recognition, reversal, disclosures and practical application for students, accountants & business owners.
About AS 29 of ICAI: Provisions, Contingent Liabilities and Contingent Assets
A comprehensive guide to Accounting Standard (AS) 29 of ICAI, covering recognition, measurement/disclosure of provisions, contingent liabilities/ assets under the accounting standards.
About AS 24 of ICAI: Discontinuing Operations
A guide to AS 24 of ICAI on discontinuing operations with scope, disclosure triggers, examples and compliance rules for Indian entities.
CBIC FAQs (Part 4/5): GST Rate Revision Issues Clarified (56th GST Council)
CBIC clarifies GST rate revision issues post 56th Council meet via FAQs on pricing updates, consumer complaints, and compliance guidelines.
CBIC FAQs (Part 3): GST Rate Revision Issues Clarified (56th GST Council)
CBIC clarifies GST rate changes post 56th GST Council meeting. Key FAQs on notifications, exemptions, handicrafts, cess, and more.