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Cash and cash equivalents (CCE) are among the most critical items in a company’s balance sheet due to their high...

Trade receivables are a critical component of a company’s current assets. They represent the amount owed to the company by...

Statutory Compliance Chart for the Month of February 2025 Below mentioned are some important due dates under Income tax, GST,...

Budget 2025 is being announced on 01.02.2025 by our Hon'ble Finance Minister Nirmala Sitaraman.   MSME limit enhanced: Turnover for...

Currently, we need to understand that this is just an intimation to assessee and not an assessment. Hence, this is...

Inventories, a vital current asset, are crucial to the financial health of a business. They typically include raw materials, work-in-progress,...

CBDT has vide Circular No. 19/2024 Dt. 16.12.2024 has issued some new FAQ in relation to Vivad se vishwas Scheme,...

CBDT has vide circular no. 21/2024 Dt. 31.12.2024 extended the due date for filing of belated and revised Income tax...

Current Investments are classified under current assets in the balance sheet and are expected to be liquidated or utilized within...

GST Council recommends reduction of payment of pre-deposit for filing an appeal before the Appellate Authority in respect of an...

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

This comprehensive guide delves into auditing procedures, legal frameworks, and practical examples to help auditors address the nuances and complexities...

The due date has been extended for entities who were liable to file transfer pricing reports and whose due date...

The PAN 2.0 Project marks a significant leap towards modernizing India's tax system with enhanced digital processes, security, and greater...

Long-term loans and advances are a critical item on the balance sheet that requires meticulous audit procedures to ensure proper...