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Audit of Foreign Exchange Transactions

CA, CS, CMA : Understand foreign exchange audit: realized and unrealized gains/losses, accounting treatment, examples, and modern technology's r...

April 11, 2024 5157 Views 0 comment Print

Format of Supplementary Agreement to LLP Agreement (For name change)

Corporate Law : Discover the process and significance of creating a Supplementary Agreement to the LLP Agreement for a name change as per Section ...

March 18, 2024 1992 Views 0 comment Print

Board Resolution for Admission of New Partner in Limited Liability Partnership [LLP]

Corporate Law : Streamline the admission of a new partner into your LLP with our guide on drafting a board resolution, ensuring compliance with th...

March 8, 2024 3072 Views 0 comment Print

Ensuring Legal Compliance for Limited Liability Partnerships (LLPs)

Corporate Law : Learn about the legal compliance requirements for LLPs, including benefits over private limited and partnerships, tax obligations,...

March 4, 2024 1452 Views 0 comment Print

U. S. Taxation: Partnership Firms– LLC; updated

Income Tax : Explore the intricacies of partnership taxation in the United States, with insights into partnership types, tax-year consideration...

February 21, 2024 3891 Views 0 comment Print


Latest News


Saurashtra Gramin Bank, Rajkot, Gujarat: RFP for Concurrent Auditor Empanelment

Corporate Law : Saurashtra Gramin Bank, headquartered in Rajkot, Gujarat, has released a Request for Proposal (RFP) for the empanelment of Charter...

February 14, 2024 3474 Views 0 comment Print

LLP Act Amendments, Integrated IT Portal, NCLT Framework Strengthening by MCA

Corporate Law : Explore the impact of the LLP (Amendment) Act, 2021 on Ease of Doing Business, startup encouragement, and the introduction of Smal...

January 31, 2024 372 Views 0 comment Print

MCA Unveils Draft Policy for Transparent Rule & Regulation Making

Corporate Law : Explore the Ministry of Corporate Affairs draft policy for pre-legislative consultation and a comprehensive review of rules and re...

January 16, 2024 393 Views 0 comment Print

8 recent Changes related to Companies Act, 2013 and LLP Act

Company Law : Explore 2024 corporate rule amendments in India: MCA relaxations, AGM extensions, accounting standard changes, and competitive lan...

December 26, 2023 8592 Views 0 comment Print

Draft SA 720: Auditor’s Responsibilities Relating to Other Information

CA, CS, CMA : Explore the nuances of Auditing Standard 720 (Revised) and the auditors responsibilities regarding other information in an entityâ...

November 25, 2023 1578 Views 0 comment Print


Latest Judiciary


Madras HC Grants Taxpayer Opportunity subject to remittance of 5% penalty

Goods and Services Tax : Discover how Madras High Court provides a chance for Tvl. Shriniwas Impex to contest penalty despite lacking E-way bills or lorry ...

April 15, 2024 807 Views 0 comment Print

Section 10(26) Exemption Limited to Individual Members of Scheduled Tribe: ITAT Guwahati

Income Tax : ITAT Guwahati held that the exemption of 10(26) of the Income Tax Act is available to the individual members of the Scheduled Trib...

April 2, 2024 180 Views 0 comment Print

Filing Application Without Numbering Doesn’t Trigger Interim Moratorium: Kerala HC

Corporate Law : Explore the Kerala High Courts judgment on Jeny Thankachans plea, challenging the precedence of the Insolvency and Bankruptcy Code...

February 6, 2024 216 Views 0 comment Print

LLP is a body corporate & liable to charge GST on security services

Goods and Services Tax : In re AS&D Enterprise LLP (GST AAR Haryana) In general terms, an LLP is a viewed as an alternate corporate business model that...

September 22, 2023 9711 Views 0 comment Print

Dispute maintainable on basis of invoices in absence of expressly written contract

Corporate Law : In present facts of the case, the Hon’ble Bombay High Court have held that Section 27 (3) expressly states that an obligation of...

June 27, 2023 3531 Views 0 comment Print


Latest Notifications


Registrar of Companies, Uttarakhand, Strikes Off Names of 9 LLPs

Corporate Law : Stay informed about the Registrars notice regarding the striking off of names of 9 Limited Liability Partnerships (LLPs) from the ...

April 8, 2024 132 Views 0 comment Print

Registrar of Companies, Karnataka, Strikes Off Names of 190 LLPs

Corporate Law : Learn about the Registrar of Companies' notice to strike off 190 LLPs in Karnataka under Section 75 of LLP Act 2008. Details & imp...

April 5, 2024 180 Views 0 comment Print

Extension and Fee Relaxation for Filing LLP BEN-2 and LLP Form No. 4D

Company Law : Get details on the relaxation of additional fees and extension of the last date for filing LLP forms BEN-2 and 4D under the LLP Ac...

February 7, 2024 1479 Views 0 comment Print

Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023

Corporate Law : Explore Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023 notified by Ministry of Corporate Affairs. Learn...

November 9, 2023 3339 Views 0 comment Print

LLP (Third Amendment) Rules, 2023: Register of Partners & Beneficial Interest

Corporate Law : Explore LLP (Third Amendment) Rules, 2023. Learn about the Register of Partners, declaration of beneficial interest, and their imp...

October 27, 2023 7491 Views 0 comment Print


LLP Significant Beneficial Ownership: Rules, Compliance and Impact

December 4, 2023 3783 Views 0 comment Print

Explore LLP (Significant Beneficial Owner) Rules, 2023 issued by MCA, effective from Nov 09, 2023. Learn compliance, definitions, and impact on corporate transparency.

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December 4, 2023 1692 Views 0 comment Print

Unlock the intricacies of Significant Beneficial Owner (SBO) rules under the Companies Act, 2013, ensuring transparency in corporate ownership. Explore SBO provisions, compliance requirements, and the impact on individuals, auditors, and corporate officers

Statutory Register of LLP: New LLP Rule 22A- Register of Partners

December 4, 2023 2799 Views 0 comment Print

Explore the latest MCA notification on LLPs introducing mandatory statutory registers. Learn about Rule 22A, applicable compliances, and how LLPs must prepare partner registers

Beneficial Interest in LLP: Latest MCA Notification

December 4, 2023 2001 Views 0 comment Print

Explore the MCA’s recent notification on Beneficial Interest in LLPs. Learn about Rule 22B, mandatory compliances, and declarations for registered and beneficial partners.

Draft SA 720: Auditor’s Responsibilities Relating to Other Information

November 25, 2023 1578 Views 0 comment Print

Explore the nuances of Auditing Standard 720 (Revised) and the auditors responsibilities regarding other information in an entity’s annual report. Learn the scope, objectives, and practical application. Stay informed to uphold credibility.

Draft SA 710 Comparative Information -Corresponding Figures & Comparative Financial Statements

November 25, 2023 861 Views 0 comment Print

Explore the scope, objectives, and audit procedures of SA 710 for Comparative Financial Statements. Learn about reporting requirements and key considerations in auditing

Draft SA 706: Emphasis of Matter & Other Matter Paragraphs in Auditor’s Report

November 25, 2023 1278 Views 0 comment Print

Explore the scope and requirements of Standard on Auditing 706, covering Emphasis of Matter Paragraphs in the auditor’s report. Learn about the effective date and key considerations

Draft SA 705 Modifications to Opinion in Independent Auditor’s Report

November 25, 2023 648 Views 0 comment Print

Explore the types of modified opinions, circumstances requiring modifications, and the impact on the auditor’s report as per Standard on Auditing 705

Draft SA 701 Communicating Key Audit Matters in Independent Auditor’s Report

November 25, 2023 738 Views 0 comment Print

Explore the significance of Auditing Standard 701 and the communication of key audit matters in the auditor’s report. Learn its objectives, requirements, and implications for financial statement audits

Draft SA 700: Forming Opinion and Reporting on Financial Statements

November 25, 2023 828 Views 0 comment Print

Explore the key aspects of SA 700 (Revised) for auditors, covering forming opinions on financial statements, reporting requirements, and global consistency. Learn the effective date and objectives

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