Real Estate (Regulatory and Authority) Act, 2016- Blessing to Home Buyers or Builders

Table of Contents Brief Introduction Scope  Objective How safeguarding provisions affects the Buyers Designated Project Account Details Disclosures of Project Additions and Alterations Specifying the exact carpet area is mandatory Others Safeguarding Provisions How RERA safeguarding the Builders/Promoters Conclusion   Brief Introduction The Real Estate (Regulatory and Authority) Act, 2016 is an Act of the […]

Real Estate (Regulatory and Authority) Act, 2016- Blessing to Home Buyers or Builders Read More »

Virtual Digital Assets (VDAs)- A Detailed Analysis

Table of Contents Introduction What are Virtual Digital Assets? VDAs Vs Digital Currency Classification of Virtual Digital Assets Taxation under head Capital Gains , Business Income and Income from Other Sources Treatment of Losses TDS Deduction u/s 194S Illustrations Introduction Cryptocurrencies, also known as virtual digital assets have emerged as one of the most talked-about

Virtual Digital Assets (VDAs)- A Detailed Analysis Read More »

Ind AS 115: Revenue from Contracts with Customers||Step-1 Model: Identifying the Contracts

Table of Contents Introduction Criteria for recognizing a contracts Term of contracts Combining Contracts Modification of Contracts Introduction Ind AS 115 Revenue from contracts with Customers talks about revenue recognized in financial statements. There is a 5-step model to recognize the revenue. Here we will talk about Step 1 of such a model, i.e., identifying

Ind AS 115: Revenue from Contracts with Customers||Step-1 Model: Identifying the Contracts Read More »