NFRA’s 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas.
NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, and the Companies Act 2013.
NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance with auditing standards.
Learn about SEZ provisions for IFSC units, mandatory approvals, and the role of IFSCA Administrator under SEZ Act for unified regulatory compliance.
NFRA’s 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures.
NFRA’s 2023 inspection of SRBC & Co. LLP highlights audit quality issues, independence concerns, and compliance with auditing standards and ethical requirements.
Discover the highlights of the Form 3CD amendments effective April 1, 2025, including new clauses for cruise ships and MSMEs.
Mumbai ITAT rules co-ownership doesn’t imply tax liability. Sale proceeds taxed only for the beneficial owner, not co-owner in Vinod Nihalchand Jain case.
CBIC clarifies GST amnesty payment via GSTR-3B, amends Rule 164 for partial period demands. Deadline nears for relief under Section 128A.
Learn about Section 128A of the CGST Act, eligibility, payment process, deadlines, and procedural clarifications for availing waiver of interest or penalty.