CA student

Income Tax: INCOME CHARGEABLE UNDER THIS HEAD [SECTION 28]

by

    The various items of income chargeable to tax as income under the head ‘profits and gains of business or profession’ are as under: (1)   Income from business, profession, or vocation: Income arising to any person by way of profits and gains from the business or profession carried on by him at any time … Read more

ICAI has issued the Scope of the Guidance Note on Reports or Certificates for Special Purposes (Revised 2016)

by

  A. This Guidance Note covers assurance engagements other than audits or reviews of historical financial information, as described in the Framework for Assurance Engagements (Assurance Framework) issued by the ICAI. This Guidance Note does not apply to assurance engagements for which subject-specific Standards on Assurance Engagements have been issued by the ICAI. Not all … Read more