Section 80EEA Deduction for Interest paid on Home Loans for Affordable Housing

Due to the major aim of government “housing for all”, the government is now taking steps in the arena of low-interest housing loans in the period of 1 April 2019 to 31 March 2020. Accordingly, the new section 80EEA which allows low interest for affordable housing loans has been inserted. The provisions in SECTION 80EEA allow […]

By |2026-04-07T17:16:35+05:30February 23rd, 2021|General|

NVP: Net Present Value And How To Calculate It?

What is Net Present Value (NVP)?

As an association extends, it needs to take significant choices which include massive capital ventures. An association should take the choices with respect to the extension of business and speculation admirably. In such cases, the association will take the help of Capital Budgeting apparatuses, quite possibly the most famous NPV […]

By |2026-04-07T17:16:35+05:30February 18th, 2021|General|

AS 2 – Valuation of Inventories: Definition, Method, and Benefits

Inventory accounting care is recommended in AS 2 valuation of inventory, which provides guidelines on how to assess the value at which inventories are carried out before the relevant sales are recognized in the financial statement.

Introduction to AS 2 – valuation of inventories

IAS 2 is an international financial reporting standard that the International Accounting Standards Board […]

By |2026-04-07T17:16:35+05:30February 15th, 2021|Business|

Dormant Company – Meaning, Benefits and Section 455 of Companies Act, 2013

A dormant company is one that has been incorporated at Companies House, but currently does not carry out some sort of business operation or earn any form of income.

Understanding the concept of a Dormant company

The concept of a dormant company is a concept recently introduced in the Companies Act 2013

By |2026-04-07T17:16:35+05:30February 12th, 2021|General|

Section 185 of companies: Everything to about Loan to directors

Section 185 of companies outline the company law requirements concerning direct or indirect borrowing or company directors’ advances. Loans or advances include loans represented by the book debt or those to which the director is or may offer any assurances in connection with or assurance of any loan taken by him or that other […]

By |2026-04-07T17:16:35+05:30February 12th, 2021|General|
Go to Top