Author: Nirmal Ghorawat
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IFRS 8 OPERATING SEGMENTS
IFRS 8 Operating Segments [Download this PPT as PDF File] THE CORE PRINCIPLE An entity shall DISCLOSE information to enable users of its financial statements to EVALUATE The nature and…
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PROVISIONS OF PENALTY U/S 271(1)(c)
A. PENALTY U/S 271(1)(c) – CARDINAL PRINCIPLES The following Cardinal Principles have been laid out by the Supreme Court Court in Dilip N. Shroff v. CIT (2007)161 Taxmann 218 and T. Ashok…
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IAS 23 BORROWING COSTS
Download this Post in PDF Format 1. STATUS Mandatory 2. OBJECTIVE Prescribe the Accounting Treatment for BORROWING COSTS. 3. NOT APPLICABLE Does not deal with ACTUAL or IMPUTED Cost of…
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IAS 21 THE EFFECTS OF CHANGES IN FOREIGN EXCHANGE RATES
Synopsis – Objective ; – Scope; – Determination of Functional Currency; -Change in Functional Currency; -Definition of Foreign Currency; -Initial Recognition of Foreign Currency; -Remeasurement of Foreign Currency Transactions into…
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DEEMED DIVIDEND U/s 2(22)(e)
[First Published On 02 February 2010, Last Updated on 25 November 2013] Download a Copy of this Document in PDF Format Download a Copy of the Presentation in PDF Format…
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GOODS AND SERVICE TAX IN INDIA – A STUDY ON THE FIRST DISCUSSION PAPER
The First Discussion Paper on Goods and Service Tax (GST) in India envisages a Dual GST structure with defined functions and responsibilities of the Centre and States with the objective…
