Tag Archives: Provisions

TDS on Year End Provisions

By | March 22, 2019

TDS on Year End Provisions Here are the Relevant Judgments on TDS on year end Provisions under Income tax Apply TDS u/s 194J on provision for Audit Fees :ITAT Chennai No TDS liability on Provisions at year end if payee not identifiable : ITAT No TDS on GST Paid / Payable on Services if Shown Seprarately… Read More »

Provisions, Contingent Liabilities and Contingent Assets Ind AS 37

By | September 11, 2015

Indian Accounting Standard (Ind AS 37) Provisions, Contingent Liabilities and Contingent Assets (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles). Objective The objective of this Standard is to ensure that appropriate recognition criteria and measurement bases are applied… Read More »