After the applicability ofInd-ASthe situation will be different and one needs to refer different interpretation and classification of such amounts in contrast to the existing practices which can briefly be noted as below (for reader to have more practical way of thinking)- 1. As per the guidel...
An electronic invoice is a legally accepted digital tax receipt document that your organization registers in the Invoice Registration Portal (IRP). The obligation and applicability of using electronic invoices depends on annual turnover. The minimum applicable threshold is determined by the legislation. ...