[Analysis] Ind AS 115 – Revenue Recognition Challenges and Solutions

by inavatiq | Jul 20, 2025 | Uncategorized

Revenue recognition under Ind AS 115 refers to the process of recording revenue from contracts with customers in accordance with the principles laid out in Indian Accounting Standard 115, which is harmonised with IFRS 15. This standard introduces a structured,...

SEBI Issues FAQs on Investor Services by RTAs

by inavatiq | Jul 19, 2025 | Uncategorized

FAQs; Dated: 16.07.2025 The Securities and Exchange Board of India (SEBI) has issued a detailed set of Frequently Asked Questions (FAQs) to guide investors on various service requests processed by Registrar to the Issue and Share Transfer Agents (RTAs). These FAQs aim...

CPC Can Levy Late Fee u/s 234E and Interest u/s 201 | ITAT

by inavatiq | Jul 18, 2025 | Uncategorized

Case Details: Chate Tutorials (P.) Ltd. vs. ACIT, TDS Circle – [2025] 176 taxmann.com 337 (Pune-Trib.) Judiciary and Counsel Details Dr. Manish Borad, Accountant Member & Vinay Bhamore, Judicial Member Aditya Navandar for the Appellant. Ramnath P....

Executor of Will Is Legal Representative Liable to File ITR of Deceased | HC

by inavatiq | Jul 17, 2025 | Uncategorized

Case Details: Vinod Kala v. Commissioner of Income-tax-II – [2025] 176 taxmann.com 240 Judiciary and Counsel Details Vivek Rusia & Binod Kumar Dwivedi, JJ. P.M. Choudhary, Sr. Adv. & Anand Prabhawalkar, Adv. for the Petitioner. Harsh Parashar, Adv. for...

RBI Grants Scheduled Bank Status to NSDL Payments Bank

by inavatiq | Jul 16, 2025 | Uncategorized

Notification No. DoR.LIC.No.S2196/16.13.215/2025-26, Dated: 19.06.2025 The Reserve Bank of India (RBI) has officially included NSDL Payments Bank Limited in the Second Schedule of the Reserve Bank of India Act, 1934, thereby conferring upon it the status of a...