OverviewThe usefulness of financial statements depends not only on the amounts recognised but also on the way those amounts are organised, described and explained. Users of financial statements often compare entities on the basis of profitability, operating results and performance measures communicated by management. T...
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CA, CS, CMA
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GST
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GST
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GST
GST on Corporate Guarantees: Taxable, But Not by Artificial or Retrospective Valuation
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CA, CS, CMA
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1. BackgroundThe Ministry of Corporate Affairs, after consultation with the National Financial Reporting Authority, has issued the Companies (Indian A...
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