Capital Work-in-Progress (CWIP) refers to assets that are under construction or development and are not yet ready for use. These ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of September 2024.

To assist taxpayers in correctly reporting Reverse Charge Mechanism (RCM) transactions, a new statement called "RCM Liability/ITC Statement" has been introduced on ...

Now, from 01st September, 2024 this rule is being enforced. Therefore, for the Tax period August-2024 onwards, the taxpayer will ...

Below is a table where, Income tax department has released a list of FAQ discussing various situations where an Income ...

In view thereof, it is reiterated that the ITCC under Section 230(1A) of the Act, is needed by residents domiciled ...

Intangible assets represent non-physical assets that have value due to the rights, privileges, and competitive advantages they provide to a ...

Below is a table where, Income tax department has released a list of FAQ discussing various situations where an Income ...

Property, Plant, and Equipment (PPE) are tangible assets that are held for use in the production or supply of goods ...

Although in the circular they have mentioned that higher TDS shall not be charged, however no resolution has been provided ...

Short-term provisions represent obligations that a company expects to settle within its operating cycle or one year, whichever is longer.

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of August 2024.

wherein as per the proposed amendment the long term immovable property owner will have the option to determine tax at ...

Below are the FAQ's issued by Income tax department in relation to the change in Capital gain provisions under the ...

To provide comprehensive directions for conducting a statutory audit of "Other Current Liabilities" in an Indian company, ensuring compliance with ...