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Archive: 25 September 2024

Posts in 25 September 2024

ICAI Fines New Auditor for Not Communicating with Previous Auditor

September 25, 2024 7608 Views 0 comment Print

CA Anand K. found guilty of professional misconduct for not notifying the previous auditor before accepting a new audit assignment. Fine of Rs. 25,000 imposed.

ICAI Suspends CA for for misconduct related to GST payments

September 25, 2024 2721 Views 0 comment Print

CA Ranjit Kumar Yadav has been suspended for three months by ICAI for misconduct related to GST payments, including misappropriation of client funds.

Imprisonment does Not Restrict Individual’s Right To Pursue Education: Bombay HC

September 25, 2024 327 Views 0 comment Print

Bombay HC ruled that imprisonment does not limit an individual’s right to education, allowing Mahesh Raut to pursue his LLB despite ongoing legal issues.

Legal Hurdles: Netflix’s Journey Through Gray Zones

September 25, 2024 687 Views 0 comment Print

Explore how Netflix navigates media law loopholes for competitive advantage, highlighting challenges and implications for regulation and accountability.

What to Know Before Taking out a Small Personal Loan?

September 25, 2024 429 Views 0 comment Print

Many individuals borrow small Personal Loans when they need money for urgent expenses, significant purchases, or debt consolidation. New-age lending institutions make these loans easily accessible through their websites and loan apps.

Calculation of Capital Gains on property received by Gift or Will

September 25, 2024 10530 Views 0 comment Print

Learn how capital gains are calculated on property received by gift or will, using acquisition costs of previous owners and applying cost inflation index in India.

TDS Obligations: Reimbursement of Expenses vs. Fee for Technical Services

September 25, 2024 1254 Views 0 comment Print

Delhi HC rules reimbursements to NRAEs not subject to TDS as “fees for technical services,” clarifying scope of Section 9(1)(vii) and TDS under Section 195.

Judicial Impact on the Insolvency and Bankruptcy Code

September 25, 2024 318 Views 0 comment Print

Explore the judicial interpretations shaping India’s Insolvency and Bankruptcy Code, 2016, including landmark cases and their implications.

Indian Debt Restructuring: Temporary Relief or Permanent Fix for Growing NPAs?

September 25, 2024 339 Views 0 comment Print

Explore Indias debt restructuring plans and their effectiveness in addressing the rising NPAs in the banking sector amid ongoing financial challenges.

Corporate Bankruptcy Forecast: An All-Inclusive Study

September 25, 2024 252 Views 0 comment Print

Explore various models for predicting corporate bankruptcy, focusing on Altman’s Z-Score, Ohlson’s O-Score, and neural networks in the Indian context.

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