Accounting & Financial Allocation Utilities
Practical accounting and financial utilities designed for corporate accountants, CFOs, auditors, and business managers in India. Accurately calculate day-based pro-rata allocation for expense provisions, accrued liabilities, and unexpired prepaid assets across financial year-end and quarterly closing dates.
Active Accounting & Financial Allocation Utilities Suite
In Development & Upcoming Regulatory Models
These models are undergoing statutory verification and will be published once fully calibrated.
Dual Depreciation Calculator (Companies Act vs IT Act)
Schedule II Companies Act 2013 useful-life depreciation computation vs Section 32 Income Tax Act block-of-assets rates with deferred tax impact.
Pro-rata accrual calculations, prepaid amortization, and dual depreciation tools.
Practical accounting and financial utilities designed for corporate accountants, CFOs, auditors, and business managers in India. Accurately calculate day-based pro-rata allocation for expense provisions, accrued liabilities, and unexpired prepaid assets across financial year-end and quarterly closing dates.
Governing Statutory Framework
Formulated in accordance with Indian Accounting Standards (Ind AS), AS-29 Provisions, Schedule II Companies Act 2013, and Section 32 Income Tax Act.
Frequently Asked Questions
Need Professional Assistance with Departmental Filings, Notices, or Tax Planning?
Calculations provide indicative statutory estimates. For departmental filings, notice resolution, and custom tax planning, consult directly with SKM LAWS AND ASSOCIATES.