Search Results for Tag : profit and loss

Notifications & Circulars

Provisioning pertaining to Fraud Accounts(18.04.2016)

Reserve Bank of India notified amendments to provisions in respect of Fraud Accounts. Banks making good amounts upon detection of fraud can adjust fin.....

Tags : fraud accounts, banks, adjustment, profit and loss

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News

CESTAT: Deposits in Profit and Loss Account is Not Duty Under Excise Act(24.03.2022)

Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has ruled that deposit in Profit & Loss Account is not duty and therefore, provisions o.....

Tags : Customs, Excise, and Service Tax Appellate Tribunal, Deposits in Profit and Loss Account

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