https://www.taxtmi.com/manuals?id=7829 Indian Accounting Standards affect recognition of turnover, valuation of inventory and fixed assets, timing of supply and entitlement to input tax credit; auditors must reconcile accounting presentations (including advances, unbilled revenue, incentives, penalties, contingencies, employee benefits and segment reporting) with GST rules on value, time of supply and ITC eligibility (notably exclusions under Section 17(5) and denial where depreciation on tax component is claimed) to identify mismatches in taxable supplies and credit claims. en-us Mon, 17 Mar 2025 17:07:00 +0530 Wed, 11 Feb 2026 16:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7829 Indian Accounting Standards affect recognition of turnover, valuation of inventory and fixed assets, timing of supply and entitlement to input tax credit; auditors must reconcile accounting presentations (including advances, unbilled revenue, incentives, penalties, contingencies, employee benefits and segment reporting) with GST rules on value, time of supply and ITC eligibility (notably exclusions under Section 17(5) and denial where depreciation on tax component is claimed) to identify mismatches in taxable supplies and credit claims. Manuals GST Mon, 17 Mar 2025 17:07:00 +0530 https://www.taxtmi.com/manuals?id=7829