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.
Author: Vinod Arora
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.
CBIC FAQs (Part 2): Decisions of 56th GST Council Explained
CBIC FAQs (Part 2) explaining decisions of 56th GST Council meeting: new rates on drones, bricks, insurance, hotels, beauty services, job work, transport, and leasing.
CBDT Waives Interest on Demands: Incorrect 87A Rebate (NTR)
CBDT waives interest on tax demands from incorrect 87A rebate under new tax regime. Pay by 31 Dec 2025 to avoid interest under Section 220(2).
GST Clarification on Post-Sale Discounts by CBIC
CBIC clarifies GST treatment of post-sale discounts, input tax credit, and promotional activities in Circular 251/08/2025 for manufacturers and dealers.