Search Results for Tag : Prior Period

Notifications & Circulars

Indian Government Accounting Standard on Prior Period Adjustments(02.03.2023)

Whereas, accounting on cash basis recognises prior period items for rectification of errors or adjustment of financial statements for one or more prio.....

Tags : Accounting, Standard, Prior Period

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News

ITAT: Payment of Consultation Fee After IT Dept.’s Order Cannot be Treated as Prior Period Expenses(20.06.2022)

Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that payment of Tax Consultation Fee after passing of Order by Income Tax Department canno.....

Tags : ITAT, Tax Consultation Fees, Prior Period Expenses

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