Explore key observations on non-compliances in financial reporting, focusing on assets in part 2. Understand discrepancies and their impact on financial statements.
Explore the FAQs on FCRA, 2010 – its purpose, key definitions, regulations, and eligibility criteria for receiving foreign contributions. Get insights at a glance!
Anticipatory bail granted can, depending on the conduct and behavior of the accused, continue after filing of the charge sheet till end of trial. An order of anticipatory bail should not be blanket in the sense that it should not enable the accused to commit further offences and claim relief of indefinite protection from arrest.
ED has provisionally attached immovable property valued at Rs.7.33 Crore under the provisions of the PMLA, 2002 relating to the disproportionate assets case registered against Shri Andasu Ravinder, Additional Director of Income Tax who was compulsorily retired from service. Directorate of Enforcement (ED) has provisionally attached immovable property valued at Rs.7.33 Crore under the provisions […]
ED has conducted search actions on the 12 entities involved in Part time job fraud case located in Bengaluru and seized Rs. 5.85 Crore so far under PMLA, 2002 Directorate of Enforcement (ED) has conducted search actions on the 12 entities involved in Part time job fraud case located in Bengaluru and seized Rs.5.85 Crore […]
ED has arrested Sanjay Raghunath Aggarwal under PMLA, 2002 in the case of fraudulent GDR (Global Depository Receipt) issue of a Hyderabad based firm M/s Farmax India Ltd. Directorate of Enforcement (ED) has arrested Sanjay Raghunath Aggarwal in connection with an ongoing investigation under PMLA, 2002 initiated on the basis of FIR registered by Telangana […]
Appellants are the erstwhile Promoters and therefore they cannot be continued to be in the Company in any capacity may be as shareholders as if they continue Resolution Plan shall not be workable at all.
Impairment of assets – Value in use. Learn how to assess non-financial asset impairment, calculate recoverable amounts using fair value less costs to sell (FVLCS) and value in use (VIU). Dive into specific scenarios involving leases, asset retirement, freehold land, capital expenditures, working capital, and discover insights on goodwill impairment delay due to land appreciation. Comprehensive guide by CA Shreyansh Shah & CA RV Rahul Bansal.
Sheetal Dilip Jain Vs State of Maharashtra & Ors. (Bombay High Court) Bombay High Court held that minimum 30 days time should be granted to file reply in all cases of issuance of SCN under Section 73 of the Maharashtra Goods and Services Tax Act, 2017. It will equally apply to Section 73 and 74 […]
Notice calling for suggestions, views, comments, feedback etc. from stakeholders on draft rules pertaining to Customs Valuation of imported goods in terms of recent amendment in Section 14 of the Customs Act, 1962 vide Section 89 of the Finance Act, 2022 Attention is invited to the recent amendment made in Section 14 of the Customs […]
