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ICAI Revises Criteria for Classification of Non-Company Entities for Applicability of Accounting Standards
The Institute of Chartered Accountants of India ( ICAI ) has revised the criteria for classification of the non-company entities for the...
Accounting Standards issued by ICAI are applicable to Non-Company entities to whom Ind AS are not applicable, says ICAI President
The ICAI President CA Nihar Jambusaria said that, Accounting Standards issued by the Institute of Chartered Accountants of India ( ICAI ) are applicable to Non-company entities to whom Ind AS are not...
ICAI Accounting Standards differentiating Lease Transactions has no relevance in allowing Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) that the Accounting Standards differentiating lease transactions has no relevance in granting deduction under section 37 of the Income Tax Act, 1961 as the Act...
![ICAI Accounting Standards differentiating Lease Transactions has no relevance in allowing Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Penalty-Books-of-Accounts-Budget-2020-Budget-Scan-Finance-Minister-Taxscan.jpg "ICAI Accounting Standards differentiating Lease Transactions has no relevance in allowing Deduction: ITAT [Read Order]")
