Explore the Calcutta High Courts ruling in Paarabhu Dayal Jajoo vs Deputy Commissioner, dismissing a writ petition on grounds of alternative remedy under the GST Act and violation of natural justice principles.
Delve into ITAT Delhis ruling in Naveen Chandra Bhatt vs ITO, where the disallowance for late deposit of employees’ contribution to PF/ESIC under Section 36(i)(va) of the IT Act was upheld.
In the case of Bhagyashree Manohar, it was determined that the assessee should not suffer due to non-filing of material information. Considering the new evidences, the case was set aside, and the issues were restored to the AO for fresh adjudication.
ICAI made a significant announcement regarding the formulation of a New Scheme of Education and Training. This scheme aligns with International Education Standards and the National Education Policy, 2020 (NEP). The ICAI has taken into account inputs from various stakeholders and has notified the scheme in the Gazette of India, set to be implemented from July 1st, 2023.
Explore the critical role of internal audits in risk management, enhancing control frameworks, and fostering organizational success.
Explore the distinct yet interrelated roles of Internal Audit and Internal Financial Controls in ensuring financial integrity and effective risk management in an organization.
Micro, Small and Medium Enterprise Development (MSMED) Act, 2006 outlines provisions for Delayed Payment to Micro and Small Enterprises (MSEs) under sections 15 to 24. The Act mandates the establishment of Micro and Small Enterprise Facilitation Councils (MSEFCs) by state governments to mediate disputes relating to delayed payments (Sections 20 and 21).
Discover the impact of SAS 300 in promoting education, employability, and livelihoods. Uncover the processes and evaluation methodologies for social auditors, addressing challenges and key metrics. Explore the role of data collection, key questions, and metrics in assessing the social impact. Learn about the challenges and limitations faced during the audit and gain insights into promoting a brighter future through education.
Explore diverse fund-raising avenues for private companies in India. From non-banking funds like equity shares and debentures to banking funds like loans and overdrafts, discover a range of financing options. Learn about debt funding, including bank loans, bills finance, leasing, hire purchase, and project finance. Uncover details about loan against securities and pledge of securities for innovative monetary solutions. Stay informed about the evolving financial landscape to meet the operational requirements of your private limited company.
An in-depth analysis of the landmark case, K.S.M. Agencies vs ITO, assessing ITAT Chennai’s ruling on the legitimacy of digital communication channels in tax appeal processes and its implications for future assessments
