Foreign Currency Translation Basic concept of foreign currency translation and its impact on financial statement as per FASB 52. here is giving the overview of its basic concept and it is not the exhaustive view for taking any opinion.
Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17 Requirement of Furnishing Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17 Introduction- The Government has notified the New ITR Forms for the Financial Year ended 31st March 2016. The Income Tax department notified a new set of nine income […]
Amendment in Rule 114H of Income-tax Rules 1962 The Rule 114H of the Income-tax Rules, 1962 (the Rules) has been amended vide Notification No.48/2016 [S.O.2151(E)] dated 20th June 2016.
Instruments of investments in FDI Here is the some way by which you can investment in FDI through following instrument of investments I. Equity Shares: The Indian Company can issue equity shares in accordance with the provisions of the Companies Act, as applicable, shall include equity shares that have been partly paid, subject to pricing […]
PACKAGED OR CUSTOMIZED SOFTWARE EXEMPTED IN SERVICE TAX ? Pre-packaged software is goods and leviable to Excise duty (Customs duties, if imported), subject to exemptions available if any (presently, packaged software is included in the Third Schedule to the Central Excise Act and liable to duty of excise on the basis of their Retail Sale […]