Ministry of Finance addresses Lok Sabha questions on misuse of SARFAESI Act, detailing existing safeguards for borrowers and regulatory oversight by RBI.
The Income Tax Appellate Tribunal quashed a tax demand on a police cooperative society, ruling that the reassessment proceedings were invalid.
Supreme Court orders Maharashtra to refund ₹62 lakh with interest to a man who won a sand block auction but was never given possession.
Supreme Court sets aside a High Court order, favoring Granules India in a customs duty dispute and criticizing state authorities for failing to assist the court.
Court held that Sh. Sanjay Bhandari is a fugitive economic offender under section 12(1) of Fugitive Economic Offenders Act, 2018 as DOE has met all the requirements as per section 2(f) read with section 2(m) and 4 of the Fugitive Economic Offenders Act, 2018 are met.
Learn about Accounting Standard (AS) 12 for government grants. Understand its scope, recognition principles, accounting treatments for various grant types, and disclosure rules.
A summary of Accounting Standard 6 (AS 6), including its objectives, scope, key principles, and methods of depreciation. Understand its legacy in Indian accounting.
A guide to the regulatory framework for fund management in GIFT City, covering IFSCA regulations, SEZ rules, and compliance requirements for FMEs and nominees.
Learn the standard operating procedure for PF & ESI compliance services, including client onboarding, monthly processing, reporting, and handling late payments and defaults.
A comparative analysis of AS 15 and Ind AS 19 for employee benefits. Key differences include actuarial gains/losses, discount rates, and disclosure requirements.
