New tax accounting standards to be implemented wef 01-04-2015
Posted Date : 21-Mar-2015 , 08:38:05 am | Posted By CASANSAAR
The Government has proposed new tax accounting standards related to income computation and disclosures by businesses to ensure consistency as well as clarity on taxation issue. Sub-section (2) of Section 145 of the Income Tax Act, 1961 (the Act) provides that the Central Government may not...
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Accounting Standards |
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