Tax planning: Time to rush

If your employer’s deadline has passed, you can still claim deductions while filing Income Tax returns you can also consult to chartered accountant in  new delhi. With March 31 approaching fast, most employees should ideally have given all their tax planning proof to their respective companies. If you have still not done so, it’s time … Continue reading Tax planning: Time to rush

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Guidance Note on Accounting for Depreciation in Companies

The council of the institute of Chartered Accountants of India has issued accounting standard (AS) 6 on ‘Depreciation Accounting’. This standard lays down general principles of accounting for depreciation applicable to all entities. As such, the Standard is applicable to companies also in matters where there are no specific requirements under the companies Act. AS … Continue reading Guidance Note on Accounting for Depreciation in Companies