CUP Method:
This is a comparison of prices charged for the property transferred or service provided in a controlled transaction to a price charged for property or services transferred in a comparable uncontrolled transaction.
#tax#cafinal#icai#tp#beps#csprof#icsi#caexams
Law:
U/s 17(1) of the Insolvency and Bankruptcy Code, 2016 – On the appointment of an IRP to a company, its directors would not cease to hold the office of the director of the company.
#law#icai#icsi#cafinal#caexams#csexe#csprof
IND AS:101
There is no specific requirement in Ind AS-101 that goodwill acquired in a restated business combination be tested for impairment at the date of transition. [Refer-IFRS:1]
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SA-500:
The quantity of the audit evidence needed is affected by –
(a)the Auditor’s assessement of the risks of material mis-statement &
(b)the quality of such audit evidence.
#audit#icai#icsi#cafinal#caexams#csexe#csprof#cmaexams#cma
Law:
U/s 17(1) of the Insolvency and Bankruptcy Code, 2016 – On the appointment of an IRP to a company, its directors would not cease to hold the office of the director of the company.
#law#icai#icsi#cafinal#caexams#csexe#csprof
Law:
U/s 17(1) of the Insolvency and Bankruptcy Code, 2016 – On the appointment of an IRP to a company, its directors would not cease to hold the office of the director of the company.
#law#icai#icsi#cafinal#caexams#csexe#csprof
The LTCG of an equity share in a company/ a unit of an equity-oriented fund/ a unit of a business trust, shall be taxed at 10% of such capital gains exceeding Rs. 1 lakh. [u/s 112A of IT Act, 1961]
#incometax#tax#ltcg#cafinal#caexams#csexe#icai#icsi#csprof
FEMA:
Under the LRS, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year for any permissible current or capital account transaction or a combination of both.
#fema#law#cafinal#caexams#ICAI#ICSI#RBI#csexe#csprof