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Finance Insights — Page 51 of 67

Articles 2001–2040 of 2673, covering Income Tax Act 2025, IndAS and more.

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Income Tax
Chapter XIV - Tax Administration

Authorities, jurisdiction, taxpayer rights, search, requisition, survey, information gathering and disclosure controls. The repository integrates the statutory…

Income Tax
Chapter XV - Return of Income

PAN, return-filing duties, tax return preparers, verification, self-assessment and tax on updated returns. The repository integrates the statutory index…

Income Tax
Chapter XVI - Procedure for Assessment

Assessment inquiry, valuation, faceless and best-judgment assessment, reassessment, rectification, demand and block assessment. The repository integrates the…

Income Tax
Chapter XVII - Special Provisions Relating to Certain Persons

Representative liability, succession, firms, private-company directors, registered non-profit organisations and accreted income. The repository integrates the…

Income Tax
Chapter XVIII - Appeals, Revisions and Alternate Dispute Resolutions

First appeals, Tribunal, High Court, Supreme Court, revision, DRC and Board for Advance Rulings. The repository integrates the statutory index, operative legal…

Income Tax
Chapter XIX - Collection and Recovery of Tax

Sections 390-430, connected Rules 203-273, Forms 121-186, Finance Act 2026 amendments, transition mapping, practical controls, cases and professional Q&A.

Income Tax
Chapter XX - Refunds

Sections 431-438, connected Rules connected rules within 203-273, Forms refund and demand forms within 121-186, Finance Act 2026 amendments, transition…

Income Tax
Chapter XXI - Penalties

Sections 439-472, connected Rules connected rules within 203-273, Forms penalty and compliance forms within 121-186, Finance Act 2026 amendments, transition…

Income Tax
Chapter XXII - Offences and Prosecution

Sections 473-498, connected Rules prosecution, compounding and Special Court procedures, Forms prescribed prosecution and compounding records, Finance Act 2026…

Income Tax
Chapter XXIII - Miscellaneous

Sections 499-536, connected Rules service, reporting, valuation and miscellaneous rules within 203-273, Forms reporting, valuation and representation forms…

Income Tax
Schedules I-XVI

Complete professional navigation to all sixteen Schedules, connected Rules 274-333, forms, notifications, old-law bridges, applied examples and evidence…

Accounting, Audit & Ind AS
Ind AS 1 – Presentation of Financial Statements

Ind AS 1 (corresponding to IAS 1) is the foundation of financial reporting under Ind AS. It prescribes how financial statements should be structured, what…

Accounting, Audit & Ind AS
Ind AS 2 – Inventories

Cost, net realisable value and profit-quality discipline. Ind AS 2 prevents inventory and profit from being overstated by requiring inventory to be measured at…

Accounting, Audit & Ind AS
Ind AS 8 – Accounting Policies, Estimates & Errors

How to choose policies, update estimates and correct mistakes. Ind AS 8 protects trend information by separating policy changes, estimate changes and errors…

Accounting, Audit & Ind AS
Ind AS 10 – Events after the Reporting Period

Adjusting events, non-adjusting events and authorisation. Ind AS 10 determines whether information arising after year-end changes recognised amounts, requires…

Accounting, Audit & Ind AS
Ind AS 34 – Interim Financial Reporting

Condensed reporting without diluted accounting quality. Ind AS 34 enables timely interim reporting while preserving annual recognition and measurement…

Accounting, Audit & Ind AS
Ind AS 16 – Property, Plant and Equipment

Recognition, component accounting, depreciation, revaluation and derecognition. Prescribe the accounting treatment for property, plant and equipment so users…

Accounting, Audit & Ind AS
Ind AS 23 – Borrowing Costs

Qualifying assets, capitalisation rates, foreign exchange and cut-off. Require borrowing costs directly attributable to acquiring, constructing or producing a…

Accounting, Audit & Ind AS
Ind AS 40 – Investment Property

Classification, mandatory cost model, transfers and fair-value disclosure. Prescribe recognition, measurement and disclosure for land or buildings held to earn…

Accounting, Audit & Ind AS
Ind AS 105 – Held for Sale & Discontinued Operations

Classification, measurement, presentation and discontinued-operation reporting. Specify accounting for assets held for sale or distribution and the…

Accounting, Audit & Ind AS
Ind AS 21 – Effects of Changes in Foreign Exchange Rates

Functional currency, foreign transactions, translation and lack of exchangeability. Prescribe how foreign-currency transactions and foreign operations are…

Accounting, Audit & Ind AS
Ind AS 24 – Related Party Disclosures

Relationship identification, transactions, balances, KMP and government-related entities. Ensure that financial statements disclose the possibility that…

Accounting, Audit & Ind AS
Ind AS 27 – Separate Financial Statements

Accounting for subsidiaries, associates and joint ventures outside consolidated statements. Prescribe accounting and disclosure for investments in…

Accounting, Audit & Ind AS
Ind AS 28 – Associates & Joint Ventures

Significant influence, equity method, long-term interests, losses and impairment. Prescribe accounting for associates and application of the equity method to…

Accounting, Audit & Ind AS
Ind AS 7 – Statement of Cash Flows (Extended)

From cash classification to supplier-finance disclosures. Ind AS 7 explains how cash and cash-equivalent movements are classified, presented and reconciled. It…

Accounting, Audit & Ind AS
Ind AS 12 – Income Taxes (Extended)

Current tax, tax bases, temporary differences, deferred tax and uncertainty. Prescribe accounting for current and future tax consequences of recovering assets…

Accounting, Audit & Ind AS
Ind AS 19 – Employee Benefits (Extended)

Short-term, post-employment, actuarial measurement and termination benefits. Prescribe accounting and disclosure for all employee benefits other than…

Accounting, Audit & Ind AS
Ind AS 20 – Government Grants (Extended)

Recognition, matching, asset grants, income grants, non-monetary assistance and repayment. Prescribe recognition, presentation and disclosure for government…

Accounting, Audit & Ind AS
Ind AS 29 – Hyperinflationary Economies (Extended)

Identifying hyperinflation, price-level restatement and net monetary gain or loss. Require financial statements of an entity whose functional currency is…

Accounting, Audit & Ind AS
Ind AS 36 – Impairment of Assets (Extended)

Indicators, recoverable amount, cash-generating units, goodwill and reversals. Ensure that assets are not carried above the amount recoverable through use or…

Accounting, Audit & Ind AS
Ind AS 37 – Provisions & Contingencies (Extended)

Present obligations, best estimates, onerous contracts, restructurings and levies. Ensure appropriate recognition and measurement of provisions and sufficient…

Accounting, Audit & Ind AS
Ind AS 38 – Intangible Assets (Extended)

Recognition, research versus development, useful life, amortisation and impairment. Prescribe the accounting treatment for identifiable non-monetary assets…

Accounting, Audit & Ind AS
Ind AS 113 – Fair Value Measurement

Exit price, principal market, valuation techniques, hierarchy and disclosures. Define fair value, establish a single framework for measuring fair value and…

Accounting, Audit & Ind AS
Ind AS 102 – Share-based Payment

Equity-settled awards, cash-settled awards, vesting conditions and group plans. Require an entity to recognise the goods or services received in share-based…

Accounting, Audit & Ind AS
Ind AS 110 – Consolidated Financial Statements

Control, relevant activities, structured entities, NCI and loss of control. Establish principles for presentation and preparation of consolidated financial…

Accounting, Audit & Ind AS
Ind AS 33 – Earnings per Share

Basic EPS, diluted EPS, potential ordinary shares and retrospective adjustments. Prescribe principles for determining and presenting earnings per share so…

Accounting, Audit & Ind AS
Ind AS 41 – Agriculture

Biological assets, agricultural produce, bearer plants and government grants. Prescribe accounting treatment, presentation and disclosures for agricultural…

Accounting, Audit & Ind AS
Ind AS 101 – First-time Adoption

Opening balance sheet, retrospective application, mandatory exceptions and optional exemptions. Ensure that an entity’s first Ind AS financial statements…

Accounting, Audit & Ind AS
Ind AS 108 – Operating Segments

Management approach, CODM, aggregation, quantitative thresholds and entity-wide disclosures. Require disclosure enabling users to evaluate the nature and…

Accounting, Audit & Ind AS
Ind AS 111 – Joint Arrangements

Joint control, unanimous consent, joint operations and joint ventures. Establish financial-reporting principles for entities having interests in arrangements…