TCS on Sale of Goods-Section 206C(1H)
Section 206C(1H) of the Income Tax Act, 1961:- TCS on Sale of Goods TCS should be collected on Sale of...
Month: May 2023
TDS ON Purchase of goods-Section 194Q
Section 194Q of the Income Tax Act,1961- (TDS ON Purchase of goods) TDS should be deducted on purchase of goods...
Issue and Redemption of Preference Shares-Section 55
Section 55 of the Companies Act, 2013:- Issue and Redemption of Preference Shares (1) No company limited by shares shall, after the...
Issue of Sweat Equity Shares
Section 54 of the Companies Act, 2013:- Issue of Sweat Equity Shares (1) Notwithstanding anything contained in section 53, a company may issue sweat...
Prohibition on Issue of Shares at Discount-Section 53
Section 53 of the Companies Act, 2013:- Prohibition on Issue of Shares at Discount (1) Except as provided in section 54,...
Section 52- Application of premiums received on issue of shares
Section 52 of the Companies Act, 2013:- Application of premiums received on issue of shares (1) Where a company issues shares at...
Payment of dividend in proportion to amount paid-up
Section 51 of the Companies Act, 2013:- Payment of dividend in proportion to amount paid-up A company may, if so authorised by...
SA 710-Comparative Information, Corresponding Figures & Comparative Financial Statements
(Standards on Auditing) SA 710:- Comparative Information, Corresponding Figures & Comparative Financial Statements Scope of the SA: Deals with auditor’s...
IND AS-115
The primary objective of Ind AS 115 is to provide a comprehensive and consistent framework for revenue recognition, which can...