NFRA Heavily Fined Auditor and Audit Firm for Rationalising the Actions of the Company
NFRA imposed a monetary penalty of Rs. One Crore on…
April 30, 2024
Professional Ethics and Liabilities for Chartered Accountants – NOCLAR | ICAI Council Guidelines | Principles
What are the Ethics and Liabilities for Chartered Accountants (CAs)?…
April 30, 2024
Weekly Round-up on Tax and Corporate Laws | 22nd to 27th April 2024
This weekly newsletter analytically summarises the key stories reported at…
April 30, 2024
IBC – Analysis of SC Ruling on Inherent Powers of NCLT to ‘Recall’ its Order
What are the Inherent Powers of NCLT to ‘Recall’ its…
April 30, 2024
Imposing Penalties on Both the Partner and Audit Firm Does Not Constitute Double Jeopardy
The Securities Exchange Board of India (SEBI) informed NFRA that…
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. ACIT - [2024] 161 taxmann.com…
April 29, 2024
Assessment Order Passed After Approval of Resolution Plan by NCLT is Not Part of Claim to Be Made Before RP | HC
Case Details: Surya Exim Ltd. v. Union of India -…
April 29, 2024
RBI Notifies Limits for Investment in Debt and Sale of Credit Default Swaps by Foreign Portfolio Investors
Circular No. RBI/2024-25/27 A.P. (DIR Series) Circular No. 03, Dated:…
April 29, 2024
SEBI Allows One-time Flexibility to AIF Schemes Whose Liquidation Period Expired to Deal With Unliquidated Investments
Circular No. SEBI/HO/AFD/PoD-I/P/CIR/2024/026; Dated: 26.04.2024 Earlier, SEBI notified SEBI (Alternative…
April 29, 2024
RBI Amends Eligibility Criteria for Small Finance Banks to Transition Into a Universal Bank
Circular No. RBI/2024-25/28 DOR.LIC.REC.20/16.13.218/2024-25, Dated: 26.04.2024 Earlier, RBI vide guidelines…
April 29, 2024