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Approved Gratuity/ Superannuation Fund: Section 2(5)/ 2(6) of Income Tax

Learn about approved gratuity and superannuation funds under the Income Tax Act, 1961. Understand tax benefits, compliance rules, and key limits for Indian employers and employees.
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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.
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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.
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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.
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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.
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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.
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ICAI’s Guidance Note on CARO 2020 of MCA (Revised/ Updated 2022 Edition)

A simple and clear summary of the CARO 2020 Guidance Note. Learn its key features, applicability rules, auditor responsibilities, Schedule III links, and clause-wise guidance. Ideal for audit and …
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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.
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ICAI’s Handbook on Taxation of Private Trusts under Income Tax (2023)

ICAI has released the Handbook on Taxation of Private Trust of Income-tax Act, 1961 (February 2023 Edition) for assisting members in making necessary compliance. Learn more!
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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.
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