Discussion Paper on Tax Accounting Standards

Honorable Finance Minister has approved Discussion Paper on Tax Accounting Standards released by CBDT.  Main Headlines/topics under Discussino paper on Tax Accounting Standards are given below:-

• Background
• New Accounting Standards Committee.
• Main recommendations of the Committee.
• Draft TAS
• Tax Accounting for Construction Contracts 
• Tax Accounting for Government Grants.

DiscussionPaper_10172011

Read more: Discussion Paper on Tax Accounting Standards ~ Tds Tax India http://www.tdstaxindia.com/2011/10/discussion-paper-on-tax-accounting.html#ixzz1bLNhBSTu
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