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CA Kamal Garg's Income Computation & Disclosure Standards

From Bharat Law House Private Limited
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Author :CA. Kamal Garg

Publisher :Bharat Law House Private Limited

ISBN No :978-81-962605-7-6

SKU :BLH27

Edition :10th Edition, 2023

Pages :692

Format :Paperback

HSN No :49011010

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DIVISION I
Financial Reporting Framework & ICDS
Chapter 1       Financial Reporting Framework — An Introduction
Chapter 2       Income Computation and Disclosure Standards — An Introduction
Chapter 3       Rationalisation of Provisions of Section 115JB in line with Indian Accounting Standard (Ind-AS)
DIVISION II
Income Computation & Disclosure Standards
Chapter 1       Income Computation & Disclosure Standards
A.  Income Computation and Disclosure Standard I relating to accounting policies
B.  Income Computation and Disclosure Standard II relating to valuation of inventories
C.  Income Computation and Disclosure Standard III relating to construction contracts
D.  Income Computation and Disclosure Standard IV relating to revenue recognition
E.   Income Computation and Disclosure Standard V relating to tangible fixed assets
F.   Income Computation and Disclosure Standard VI relating to the effects of changes in foreign exchange rates
G.  Income Computation and Disclosure Standard VII relating to government grants
H.  Income Computation and Disclosure Standard VIII relating to securities
I.    Income Computation and Disclosure Standard IX relating to borrowing costs
J.    Income Computation and Disclosure Standard X relating to provisions, contingent liabilities and contingent assets
Chapter 2       Form 3CD Clause by Clause Analysis
DIVISION III
Chapter 1       Income Computation and Disclosure Standards vis-à-vis Judicial Precedents
Chapter 2       ICDS (Revised) v AS
Chapter 3       ICDS (Revised) v Ind AS
Appendix 1    Tests for Distinction between Shares held as Stock-in-Trade and Shares held as Investment
Appendix 2    Chargeable as — Distinction between Shares held as Stock-in-Trade and Shares held as Investments — Tests for such a Distinction
Appendix 3    Issue of Taxability of Surplus on Sale of Shares and Securities — Capital Gains or Business Income — Instructions in Order to Reduce Litigation
Appendix 4    Clarifications on Income Computation and Disclosure Standards (ICDS) notified under section 145(2) of the Income-tax Act, 1961

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CA. Kamal Garg's Income Computation & Disclosure Standards By Bharat Law House Private Limited

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