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Finance & Accounting
Guides for India

Practical articles on IND AS, GST, Income Tax and more — written for CAs, CFOs and finance teams. Free, no fluff, with real journal entry examples.

IND AS 116

Incremental Borrowing Rate (IBR) under IND AS 116 — How to Determine It in India

Auditor-ready methodology for deriving IBR in India — SBI MCLR approach, credit spreads by entity type, full worked example, sensitivity table and the one-page documentation workpaper auditors expect.

July 2026  ·  16 min read Read →
IND AS 117 / IFRS 17

IND AS 117 / IFRS 17 Insurance Contracts — Complete Guide with Worked Examples

GMM, PAA and VFA measurement models explained plainly. CSM concept, insurance revenue vs premium received, two full worked examples (motor PAA + life GMM), transition approaches and key disclosures.

July 2026  ·  16 min read Read →
Income Tax

Capital Gains Tax India FY 2025-26: Complete Guide with Worked Examples

Finance Act 2024 rates on equity, property, gold and debt MF. LTCG 12.5%, STCG 20%, grandfathering for pre-2018 equity, indexation option for property — with comprehensive worked examples for AY 2026-27.

July 2026  ·  15 min read Read →
IND AS 116

Lease Accounting as per IND AS 116 — Step by Step with Example

Full worked example from Day 1 to Year 3 — ROU asset, lease liability, amortization schedule and all journal entries explained clearly for CAs and finance teams.

July 2026  ·  12 min read Read →
IND AS 116

IND AS 116 Lease Accounting — Step by Step Example with Full Schedule

Complete walkthrough from commencement date to termination — PV calculation, amortisation table, ROU depreciation, all 4 journal entries and balance sheet impact, with a real India office lease example.

July 2026  ·  14 min read Read →
IND AS 116

Lease Modification under IND AS 116 — Para 45 and 46 Explained

When does a lease change become a modification? Para 45 remeasurement, Para 46a scope reduction and Para 46b new lease — with decision tree, worked examples and journal entries.

July 2026  ·  14 min read Read →
IND AS 109

ECL Provision Matrix under IND AS 109 — Step-by-Step with Worked Example

Build an Expected Credit Loss provision matrix for trade receivables — ageing buckets, loss rates, forward-looking adjustments and journal entries, with a full worked example for a textile manufacturer.

July 2026  ·  12 min read Read →
IND AS vs IFRS

IND AS vs IFRS: Key Differences Every CA and CFO Must Know

Carve-outs, deferrals, and India-specific modifications explained across goodwill, hedge accounting, leases, employee benefits and more — with a master comparison table.

July 2026  ·  16 min read Read →
IND AS 116

IND AS 116 / IFRS 16 Lease Accounting: Complete Guide with Journal Entries

Step-by-step guide to recognising ROU assets, lease liabilities, amortisation schedules and journal entries under IND AS 116. Includes worked example.

June 2026  ·  10 min read Read →
IND AS 109

Security Deposit Accounting under IND AS 109 — Journal Entries & Examples

How to account for refundable security deposits under IND AS 109 / IFRS 9. Covers fair value, Day 1 discount, EIR amortisation and balance sheet impact.

June 2026  ·  8 min read Read →
GST

GSTR-2B Reconciliation: Step-by-Step Guide for CAs

Coming soon — How to reconcile GSTR-2B with purchase register, handle mismatches and claim maximum ITC without notices.

Coming soon 🔔 Soon
Income Tax

New Tax Regime vs Old Tax Regime FY 2026-27: Which is Better?

Coming soon — A structured comparison with salary slabs, deductions and worked examples to help you choose the right regime.

Coming soon 🔔 Soon

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