Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    India Authorizes Export of Nine Essential...     TaxTMI    GST Amnesty Scheme Under Section 128(A) Offers...     TaxTMI    Insolvency Professionals Must Use Baanknet Platform...     TaxTMI    GST Orders Uploaded Without Proper Service Violate...     TaxTMI    GST Time Extension During COVID-19: Court Defers...     TaxTMI    Bail denied for mastermind accused of Rs. 53.03...     TaxTMI    Taxpayer's Appeal Succeeds as Cash from Selling...     TaxTMI    SEBI Extends Cybersecurity Framework Compliance...     TaxTMI    SEBI Revises Lock-in Rules for InvIT Preferential...     TaxTMI    Customs Duty Rates Under India-UAE CEPA to Change...     TaxTMI    Karnataka Urban Water Supply & Drainage Board...     TaxTMI    Income-tax Rules Amended: Form 3CD Gets Major...     TaxTMI    Government Amends India-Mauritius CECPA Tariff...     TaxTMI    SEBI Amends REIT Regulations: Relaxed Lock-in Rules...     TaxTMI    SCN Issued Two Days Beyond Section 73(2) Deadline...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Indian Laws - Highlights / Catch Notes

Home Highlights October 2012 Year 2012 This

GUIDANCE NOTE ON MAINTENANCE OF COST ACCOUNTING RECORDS FOR ...


New Guidelines for Cost Accounting in Construction: Enhance Transparency and Compliance with Systematic Expense Tracking.

October 18, 2012

News     Indian Laws

GUIDANCE NOTE ON MAINTENANCE OF COST ACCOUNTING RECORDS FOR CONSTRUCTION INDUSTRY INCLUDING REAL ESTATE AND PROPERTY DEVELOPMENT ACTIVITY

View Source

 

← Previous Next →

 

You may also like:

  1. This circular provides guidelines to stock exchanges, clearing corporations, and depositories to enhance accountability, supervision, monitoring mechanisms, and...

  2. Disallowance of contingency expenses claimed by the assessee. The Assessing Officer (AO) disallowed the contingency expenses despite acknowledging that the total cost...

  3. Guidelines for Enhanced Disclosures by Credit Rating Agencies (CRAs)

  4. Capital gain computation - cost of acquisition of the immovable property - The deduction on account of cost of acquisition is to be allowed with reference to the...

  5. Capital gain computation - cost of acquisition as well as cost of construction - AO has not even attempted to verify the correctness of the cost of land and construction...

  6. Determination of cost of construction account at CPWD rate - AO directed to allow the rate difference of 15% and supervision charges to the extent of 10% in cost of...

  7. Deduction of interest expenditure of INR u/s 36(1)(iii) - the Assessee has undertaken only one redevelopment project. It is not disputed that interest cost is directly...

  8. GUIDELINES FOR CONVERSION OF COST ACCOUNTANTS FIRMS (PARTNERSHIP/PROPRIETARY) INTO LIMITED LIABILITY PARTNERSHIPS

  9. SEBI introduced a beta version of the T+0 rolling settlement cycle on an optional basis alongside the existing T+1 settlement cycle in the equity cash market. The...

  10. LTCG - Deduction u/s 54 - Adoption of the cost of acquisition of new asset - - what is to be treated as cost of the residential house is the entire cost of house and it...

  11. Allowable business expenses - AS 7 on Construction Contracts - in the business of development and construction, the interest cost though allowable have to be accumulated...

  12. Undisclosed investment - The assessee failed to maintain quantitative details of major building material used in the construction of the building - In view of the cost...

  13. Cost Accounting Records and Cost Audit – clarifications regarding applicability and compliance requirements. - Cir. No. 68/2011 Dated: November 30, 2011

  14. The SEBI circular provides the following key points regarding research analysts (RAs): 1. Eligibility criteria for part-time RAs, including restrictions on providing...

  15. The Income Tax Bill, 2025 introduces enhanced regulatory framework for commercial activities by non-profit organizations through Clause 346, building upon Section 2(15)...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: GST Compliance for Temporary Goods Movement: Navigating Inter-State Tr...
F: YouTube Content Creator Seeks GST Input Tax Credit Clarification for Z...
F: GST Dispute Highlights Procedural Limits: Appellate Authority Barred f...
A: NGOs Can Now Easily Secure Tax Exemptions Through Streamlined 12A Onli...
A: Digital Export Revolution: Simplified Scheme Corrections Now Possible ...
A: Property Sale Value Dispute: Section 50C Requires Proper Valuation Pro...
A: GST Discounts Decoded: Navigating Promotional Strategies, Invoice Mana...
A: Consumer Rights Strengthened: New Act Empowers Buyers with Robust Prot...
A: Sustainable Aquaculture: Global Trade Balancing Ecosystem Health, Food...
A: Empowering Local Artisans: SHGs Leverage Digital Platforms and Global ...
A: Reimagining Sustainable Living: Transforming Consumer Habits to Heal E...
A: Massive Traffic Rule Overhaul: Hefty Fines, Potential Jail Time Introd...
A: Customs Rules Update: Expanded Origin Documentation Streamlines Intern...
A: Eco-Friendly Electoral Reforms: Transforming Political Campaigns Throu...
A: Transforming Cooling Technologies: Sustainable Refrigerants as Key Str...
H: Pharmaceutical Exporter Wins IGST Refund Claim, Court Orders Immediate...
H: Legal Challenge Upheld: Statutory Non-Compliance Invalidates Order Whe...
H: Accused Granted Bail in GST Evasion Case After Careful Review of Inves...
H: Legal Challenge to CGST Act Section 16(2)(c) Succeeds: Procedural Dela...
H: Tax Order Quashed: Procedural Defects Invalidate Summary Dismissal of ...
H: Legal Relief Granted: GST Registration Restored After Director's Death...
H: Income Tax Department Transfers Assessment Files Under Section 127, En...
H: Tax Reassessment Invalidated: Second Section 148 Notice Exceeds Four-Y...
H: Tax Reassessment Invalidated: Critical Procedural Defect Exposes Flawe...
H: State-Owned Corporation Granted Partial Tax Relief, Must Deposit Rs. 3...
H: Tax Proceedings Suspended for Dissolved Company Under Section 147 Pend...
H: Legitimate Business Investment Tax Deduction Upheld: Company Successfu...
H: Prior Period Expenses Must Be Recognized in Current Financial Year Cal...
H: Tribunal Clears Inter-Company Transactions, Finds No Violation in Part...
H: Transfer Pricing Appeal Invalidated: Jurisdictional Defects Render CIT...