SC: Magistrates Should Not Record Prosecution Evidence in Sessions-Triable Cases || Supreme Court Lays Down Guidelines on Using ITRs to Assess Motor Accident Victims' Income || Supreme Court: Citing AI-Generated Fake Precedents Amounts to Advocate Misconduct || Bombay HC: Horse-Trading Rampant in Maharashtra, FIRs 'Washed' After Switching Sides || Tripura High Court: Senior Citizens Cannot be Penalised For Failing to Follow Cases Online || Delhi High Court: Parent Cannot Gain Advantage by Keeping a Child Against a Foreign Court Order || Allahabad HC: Places of Worship Act Bars Conversion of Religious Character, Not State Acquisition || Jharkhand HC: Single Instance of Mother-In-Law Abusing Daughter-In-Law Does Not Amount to Cruelty || Madras High Court: No Appeal Lies Against E-Court Status or Adjournment Orders || Chhattisgarh HC: Judicial Officer Promotion Cannot be Denied on Complaint Without Disciplinary Action

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

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