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Archive: June, 2024

Posts in June, 2024

GST law requires transporter to carry a duplicate copy of invoice, not original: HC

June 22, 2024 4383 Views 0 comment Print

Karnataka High Court rules that transporters only need a duplicate tax invoice under CGST and SGST Acts. Original invoice not mandatory.

FAQs on Master Directions on Priority Sector Lending Guidelines

June 22, 2024 6592 Views 0 comment Print

Learn how to compute Adjusted Net Bank Credit (ANBC) for Priority Sector Lending (PSL) targets, including adjustments for PSLC, TLTRO 2.0, HTM securities, and more.

SA 706 (Revised): Emphasis of Matter & Other Matter Paragraphs in Auditor’s Report

June 22, 2024 2772 Views 0 comment Print

Learn about SA 706 (Revised) and its guidelines on Emphasis of Matter and Other Matter paragraphs in auditor reports, enhancing clarity and transparency in auditing.

Understanding the Interim Budget 2024-2025

June 22, 2024 1161 Views 0 comment Print

Discover insights into the Interim Budget 2024-2025 presented by Finance Minister Nirmala Sitharaman. Understand its impact on various sectors and economic projections.

New Amendment in Foreign Trade Policy: Issuance of RCMC for Medical Devices

June 22, 2024 543 Views 0 comment Print

Explore the latest amendment in the Foreign Trade Policy regarding RCMC issuance for medical devices. Learn how DGFT is addressing industry challenges and ensuring continuity.

LinkedIn India Penalized for Non-Compliance with Sections 89 & 90 of Companies Act 2013

June 21, 2024 1056 Views 0 comment Print

Learn about LinkedIn Technology Information Private Limited’s compliance issues under Sections 89 and 90 of the Companies Act 2013, involving significant beneficial owners and penalties.

A Simple Guide to Decode the Password for Form 16

June 21, 2024 1410 Views 0 comment Print

Unlock Form 16 PDFs with ease! Learn the steps to decode the password and access your TDS certificate for hassle-free income tax filing.

Rationalise Income Tax Rates to augment income and for better Compliance

June 21, 2024 1110 Views 2 comments Print

Explore rationale behind rationalizing income tax rates in India, its impact on compliance, and potential benefits for taxpayers. Read more about proposed reforms and their implications.

NFRA Penalizes CA for professional misconduct in auditing DHFL branches

June 21, 2024 525 Views 0 comment Print

Learn about NFRA action against CA Kashinath Chaturvedi for professional misconduct in auditing DHFL branches. Understand the findings, penalties, and implications.

Audit misconduct at DHFL branches: NFRA imposes one-year debarment & Penalty

June 21, 2024 486 Views 0 comment Print

Explore NFRA’s order under Companies Act 2013 on CA Krishna Bihari Chaturvedi for audit misconduct at DHFL branches in FY 2017-18. Details on penalties and findings.

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