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amendment bill

Companies Act Amendment Bill, 2016

Companies Act Amendment Bill, 2016 Mr. Arun Jaitley, The Honourable Minister for Finance & Corporate Affairs of the Government of India introduced the Companies (Amendment) Bill, 2016 at the Lok Sabha on last Wednesday, March 16, 2016. The intent of this bill is to further amend the Companies Act as part of efforts to address […]

depreciation

Depreciation as per Companies Act 2013

Depreciation as per Companies Act 2013 The new enactment on Companies Act, 2013 (the New Act) has brought in significant changes on various aspects of financial statements to make it more contemporary and relevant, to corporates, regulators and other stakeholders in India. Section 123(2) of the New Act states that depreciation shall be provided in […]

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