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Blog, News, Income Tax

April 30, 2024

[Opinion] Potential Areas of Conflict of PMLA and Income Tax Act

Prashant Kr Jha & Piyush … Continue reading “[Opinion] Potential Areas of Conflict of PMLA and Income Tax Act”

Blog, News, Income Tax

April 30, 2024

AO Can’t Deny Sec. 11 Exemption on Notional Interest Income on Advance Given to Specified Person | ITAT

Case Details: Rastogi Education Society … Continue reading “AO Can’t Deny Sec. 11 Exemption on Notional Interest Income on Advance Given to Specified Person | ITAT”

News, Blog, Account & Audit

April 30, 2024

Audit Firm Penalised for Submitting Falsified Affidavit & to Avoid Submitting Information to NFRA

NFRA imposed a monetary penalty … Continue reading “Audit Firm Penalised for Submitting Falsified Affidavit & to Avoid Submitting Information to NFRA”

Blog, News, Account & Audit

April 30, 2024

Audit Firm Failed to Analyse Going Concern Assumption Despite Prima Facia Adverse Factors, Penalised Rs. Fifty Lakhs

NFRA imposed a monetary penalty … Continue reading “Audit Firm Failed to Analyse Going Concern Assumption Despite Prima Facia Adverse Factors, Penalised Rs. Fifty Lakhs”

Blog, News, Account & Audit

April 30, 2024

NFRA Heavily Fined Auditor and Audit Firm for Rationalising the Actions of the Company

NFRA imposed a monetary penalty … Continue reading “NFRA Heavily Fined Auditor and Audit Firm for Rationalising the Actions of the Company”

Blog, Account & Audit

April 30, 2024

Professional Ethics and Liabilities for Chartered Accountants – NOCLAR | ICAI Council Guidelines | Principles

What are the Ethics and … Continue reading “Professional Ethics and Liabilities for Chartered Accountants – NOCLAR | ICAI Council Guidelines | Principles”

Blog, Weekly Round-up

April 30, 2024

Weekly Round-up on Tax and Corporate Laws | 22nd to 27th April 2024

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 22nd to 27th April 2024”

Blog, Insolvency and Bankruptcy Code

April 30, 2024

IBC – Analysis of SC Ruling on Inherent Powers of NCLT to ‘Recall’ its Order

What are the Inherent Powers … Continue reading “IBC – Analysis of SC Ruling on Inherent Powers of NCLT to ‘Recall’ its Order”

Blog, News, Account & Audit

April 29, 2024

Imposing Penalties on Both the Partner and Audit Firm Does Not Constitute Double Jeopardy

The Securities Exchange Board of … Continue reading “Imposing Penalties on Both the Partner and Audit Firm Does Not Constitute Double Jeopardy”

News, Blog, Income Tax

April 29, 2024

Brokerage Exp. On Sale of Property Allowable Even if There Was No Written Agreement With Broker | ITAT

Case Details: Sunil Kapoor v. … Continue reading “Brokerage Exp. On Sale of Property Allowable Even if There Was No Written Agreement With Broker | ITAT”