Venkkatesh K Uncategorized Accounting, accounting-standards, CA Material, IPCC Group 1 - Paper 1, IPCC Material 0
All the concerned Enterprises should present the Items of the Financial Statements as per the Order made by the Court/ Tribunal. On November 17, 2004, the Council of ICAI has announced that if an Item in the Financial Statement of an Enterprise is treated differently, disclosures should be made in the Financial Statements of the […]
Venkkatesh K Uncategorized Accounting, accounting-standards, CA Material, IPCC Group 1 - Paper 1, IPCC Material 0
Accounting Standards are applicable to the Items, which are shown in the Financial Statements of an Enterprise and the Items should be of Material in nature. An item in the Financial Statement is likely considered to be a Material, if it is likely to affect the economic decision of the Enterprise. The Materiality is not […]
Venkkatesh K Uncategorized Accounting, accounting-standards, CA Material, IPCC Group 1 - Paper 1, IPCC Material 0
There are Enterprises which required to comply with the Accounting Standards (issued by the ICAI and notified by the Central Government), and which does not required to comply with the Accounting Standards and these are explained in detail below. An Enterprise does not required to comply with Accounting Standards. Non Companies like Partnership Firms does […]
Venkkatesh K Uncategorized Accounting, accounting-standards, CA Material, IPCC Group 1 - Paper 1, IPCC Material 0
Accounting Standards are applicable to an Enterprise, which is a Corporate, Co-operative, or any other form type, but it must be engaged in Commercial, Industrial, or Business activities. Even it is applicable to the Non Profit Enterprises like Charitable, Religious Trusts, such activities carried by them. So, an Enterprise must have engaged in any one […]
Venkkatesh K Uncategorized Accounting, accounting-standards, CA Material, IPCC Group 1 - Paper 1, IPCC Material 0
Earlier we have learned that the Accounting Standards framed by the Accounting Standards Board (ASB) of ICAI, and issued by the Council of ICAI. The ASB will submit the Finalized Exposure Draft of Proposed Accounting Standard to the Council. After consideration of all the comments the Council will request the ASB for further amendments to […]
Venkkatesh K Uncategorized qbo, qbo-tutorial, quickbooks-online, quickbooks-tutorial 0
QuickBooks Online is one of the products of Intuit meant for Small Business owners and it is a Cloud Accounting Software. Without need of any software installation we can work with QuickBooks Online. It is also called as QBO. As we already told you that the QuickBooks is a web based Accounting Software and we […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, pan-card, technical-guide-of-income-tax-filing 1
Know your Jurisdiction Assessing Officer form available in the Income Tax Department e-Filing website provides the searching facility to look out the complete name of an Assessee along with his Jurisdiction and other details. Add caption It is a useful took for Auditors and Chartered Accountants to know the Surname, Full Name, and Jurisdiction of […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, pan-card, technical-guide-of-income-tax-filing 0
Whose Total Income crosses Exemption limit for the Previous Year has to submit their Income Tax Returns for that year. And the submission of the IT Returns can be done either through Manual Filing by filling the proper summary information in the ITR Formats in Hard Copy; or e-Filing at income Tax e-Filing website by […]
Venkkatesh K Uncategorized andhra-pradesh, commercial-tax, CST, e-Returns, India, indirect-tax, technical-guide-of-commercial-tax-filing, VAT 0
The Andhra Pradesh Commercial Tax Department facilitated the AP VAT Dealers to take the print out of Monthly VAT Return and Monthly CST Return Statements after they have submitted their earlier month VAT and/or CST Returns to the Department through their Dealer Account. Monthly Return for Value Added Tax (Form VAT 200) In order to […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, pan-card, technical-guide-of-income-tax-filing 1
In Income Tax Department e-Filing website we can trace out the PAN details like PAN Card Number, Name of the holder. In India anyone can get the PAN details of an Assessee without knowing the PAN Card Number, but we must know few details of the PAN Card Holder to know it. Know PAN Card […]