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Basic Rule of Integration

Manibhushan K.

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Cash Flow Statement

Purpose of a statement of cash flows: To provide information about the cash inflows and outflows of an entity during a period. To summarize the operating, investing, and financing activities of the...

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Solve Amalgamation Problem In 7 Steps

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Don’t Ignore Income From Other Sources While Filing Tax Returns

Taxpayers often ignore different types of income while filing their income tax returns. These incomes fall under ‘income from other sources’ category. This may happen due to the taxpayer’s...

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Capital Expenditure v/s Revenue Expenditure

Capital Expenditure Revenue Expenditure It is incurred for acquiring Fixed Assets It is incurred for running productivity or earning capacity of business It results in increase the value...

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