{"id":1654,"date":"2025-09-22","guid":{"rendered":"https:\/\/APNOKACA.com\/blog\/?p=105601"},"modified":"2025-09-22","slug":"-icai-eases-financial-reporting-for-non-corporate-entities-llps-in-fy-2024-25","status":"publish","type":"post","link":"https:\/\/APNOKACA.com\/blog\/-icai-eases-financial-reporting-for-non-corporate-entities-llps-in-fy-2024-25","title":{"rendered":" ICAI Eases Financial Reporting for Non-Corporate Entities & LLPs in FY 2024-25"},"content":{"rendered":"\n
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<\/i> Income tax <\/a>

ICAI Eases Financial Reporting for Non-Corporate Entities & LLPs in FY 2024-25 <\/h1> <\/div>

The Institute of Chartered Accountants of India (ICAI) has announced a significant, temporary compliance relaxation for non-corporate entities and Limited Liability Partnerships (LLPs) for the Financial Year 2024-25. This allows these entities to optionally adopt updated guidance notes on financial statements, aiming to reduce administrative burden while maintaining transparency and accuracy. This flexibility ensures that core accounting standards remain paramount, offering businesses a choice in their reporting approach for the upcoming fiscal year. <\/p>

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<\/div> Krishna Gopal Varshney <\/a>

An editor at Myitronline<\/p> <\/div>