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Archive: 22 June 2024

Posts in 22 June 2024

RBI – Three forward looking surveys

June 22, 2024 516 Views 0 comment Print

Explore RBI’s forward-looking surveys on consumer confidence, inflation expectations, and economic forecasts. Understand their impact on India’s economic outlook for 2024-25 and 2025-26.

Centre Notifies Law To Tackle Unfair Practices & Punish Paper Leaks In Exams

June 22, 2024 279 Views 0 comment Print

The Centre notifies the Public Examinations Act 2024 to curb unfair practices and paper leaks, ensuring transparency and credibility in public exams.

28 Recommendations of 53rd GST Council Meeting

June 22, 2024 8562 Views 2 comments Print

The 53rd GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, produced several key recommendations aimed at easing compliance burdens and refining tax rates under GST. Notably, the Council proposed waiving interest and penalties on demand notices under Section 73 of the CGST Act for fiscal years 2017-18 to 2019-20, provided full tax payment is […]

Representation to amend section 73(9) penalty provision of CGST Act, 2017

June 22, 2024 5673 Views 0 comment Print

AGFTC and ITBA urge amendments to reduce penalties under CGST Act, 2017, proposing fairer penalties for genuine errors. Detailed representation to FM Sitharaman.

CA Cleared of Financial Irregularities and Shell Company Allegations: Insufficient Evidence Found

June 22, 2024 738 Views 0 comment Print

Board of Discipline finds CA Sashi Kant Khetan not guilty of misconduct in a case involving alleged financial irregularities and shell companies.

ICAI clears CA of Misconduct Charges – Unauthorized legal services & demand of commission

June 22, 2024 612 Views 0 comment Print

Board of Discipline finds CA Jayant Kumar Harlalka not guilty of professional misconduct in case filed by Shri Balwant Prasad Singh.

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

June 22, 2024 978 Views 0 comment Print

Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, charges, proceedings, and final conclusions.

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

June 22, 2024 399 Views 0 comment Print

Explore the ICAI Board of Discipline’s ruling on an audit dispute where the respondent’s communication via registered post was deemed sufficient, leading to a ‘Not Guilty’ verdict.

IBBI dismissed RTI appeal due to vague & unclear information requests

June 22, 2024 189 Views 0 comment Print

The IBBI dismissed Ashish Shankar RTI appeal due to vague and unclear information requests. Learn about the decision and its implications.

IBBI caution IP to exercise greater caution & diligence in performing his duties

June 22, 2024 237 Views 0 comment Print

IBBI’s disciplinary order for Mr. Uday Narayan Mitra reveals insights on fees and compliance issues under the Insolvency and Bankruptcy Code, 2016

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