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Allahabad HC: UPVAT Act section 29(7) allows reassessment for turnover, tax rates, deductions, or exemptions, not ITC. ITC is separate from turnover; it can’t solely trigger reassessment.
ICAI’s Disciplinary Committee reprimands CA Kaushal Kishor Singh for professional misconduct, citing failure to communicate with previous auditor and non-compliance with guidelines on outstanding fees.
The ICAI Disciplinary Committee has reprimanded CA. Kumar Jee Kandroo and fined him Rs. 35,000 for professional misconduct, including failing to communicate with the previous auditor.
ICAI Disciplinary Committee reprimands CA Rahul Singh for professional misconduct, including accepting an audit without proper NOC and violating Companies Act provisions.
ICAI reprimands CA Narinder Singh and imposes ₹25,000 fine for professional misconduct in ITR verification for bank clients, citing lack of due diligence.
ICAI suspends CA Pawan Gupta for one month for failing to maintain audit records, violating SA 230 and professional standards in a statutory audit.
The ICAI Disciplinary Committee has removed CA N Narasimhan from membership for six months, citing professional misconduct as statutory auditor of Reebok India Company.
ICAI’s Disciplinary Committee reprimands CA Jayshankar Mishra for certifying inaccurate Form STK-2 and violating Companies Act provisions.