About the book
This second edition comprehensively covers notified ICDS applicable to all the,assesses following mercantile system of accounting and where Income is chargeable under the head “Profits and Gains of Business or Profession” or“Income from Other Sources”. Various provisions of ICDS are analysed in the book in an exhaustive manner,with a practical approach. Q&A Format of the book acts as an analytical tool in,understanding applicable law. Practical Illustrations provided in the book are,immensely helpful to the various stake holders viz professionals, practitioners,corporate, regulators, etc.,Complex situations are explained in a lucid style.
About the Author
Dr. N. Suresh- is a Graduate in Commerce from Bangalore University and a Fellow Member of The Institute of Chartered Accountants of India. He did his PhD on the following subjects: 1. Taxation system and practices in India,2. NGOs, NPOs, Legal systems and practices in India.
He has authored few books and several articles on varied topics relating to corporate laws and taxation.,His recent books,
- A Practical Approach to Taxation and Accounting of Charitable Trust, NGOs & NPOs, (Second Revised Edition)
- Interesting issues on Charitable Trusts or Institutions, NGOs & NPOs (Second Revised Edition)
- A Practical approach to Foreign Contribution (Regulation), Act 2010.
have an exhaustive coverage on the formation, registration, procedural compliance, taxation, and assessment with practical illustrations of complex topics; basics of Accounting, accounting treatments, disclosures, policies and FAQs on NGOs and NPOs; various compliance and requirements of FCRA 2010 read with FCRR 2011. He has presented several papers and given lectures at seminars and conferences conducted by the professional bodies, study circles, various branches of Institute of Chartered Accountants of India and Committee of Co-operative and NPOs sectors of the Institute of Chartered Accountants of India. He actively participates in various public forums addressing various issues. He was a visiting faculty at the National Academy of Direct Taxes, Nagpur and DRTI, Bangalore and Chennai. He is also a vocalist in Carnatic Music and specializes in K.P. Astrology.