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Ca Asif Ali

Latest Posts by Ca Asif Ali

Mystery of Zero Audit Fees of 1.81 lacs Companies As per NFRA Report

October 12, 2021 7440 Views 4 comments Print

Mystery of Zero Audit Fees of 1.81 lacs Companies As per NFRA Report The answer is Big No? In No way It is possible to get Audit done work done without paying any single rupee for Audit!! Does any logic certify that? So How NFRA computed that –  Wherefrom they have taken this data? NFRA […]

Why Removal of Audit of MSMCs will be disastrous

October 4, 2021 2529 Views 0 comment Print

1) Most important point is the existence of Very nature of Limited liability concept, which exposed the creditor with unlimited risk who are highly remain unsecured, that includes Govt also. So, it gives the unlevered power to Promoters to expose the business to high risk and leave the liability of the company unsettled and yet […]

Wait ! Before Filing GST Return for FY 17-18 & 18-19 , it may land your client in trouble if You ignore Provision 16(4) – Time limit

June 27, 2020 7236 Views 0 comment Print

After the announcement of Waiver of Late fee for Non-Filers from July 2017. Many assessees have got the opportunity to file their pending return from July 2017 without paying any Late fee or reduced late fee. Although It is looked as a Good Opportunity to file the old return and become a Compliant assessee from […]

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