Inventory valuation caught in the web of ICDS, IndAS and settled jurisprudence!

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Inventory valuation caught in the web of ICDS, IndAS and settled jurisprudence!

However, with changing accounting and tax regulations, the old age principles need to be revisited. Section 5(1) of the Income-tax Act, 1961 ('the IT
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Increasing numbers of taxpayers to file at the 'other' tax deadline

… CPA, Esq., principal federal tax analyst for Wolters Kluwer Tax & Accounting. “Perhaps it has been brought on by the uncertainty this year regarding
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Lyft Adds Ford to Its List of Self-Driving Car Partners

A Ford Fusion equipped with autonomous controls in Ann Arbor, Mich. Lyft is working with Ford on a self-driving vehicle partnership.
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Elephants in the Room Part II: The Future of the Big Four in the Legal Market

Over the past decade, the Big Four, as the largest accounting firms have come to be known, have expanded aggressively into the legal market. Today
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FASB proposes tweaks to lease accounting rules

The Financial Accounting Standards Board has issued a proposed update to accounting standards to clarify how the new standard on lease
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