Delhi High Court decision on Subodh Gupta vs ACIT. Disruption in video conference hearing leads to setting aside assessment orders. Fresh hearings directed.
ITAT directed the CIT(A) to re-examine the matter, taking into account the written submission filed by the assessee during e-proceedings. The ITAT emphasized the importance of affording the assessee a fair opportunity to substantiate its claims with supporting evidence.
Explore the nuances of Auditing Standard 720 (Revised) and the auditors responsibilities regarding other information in an entity’s annual report. Learn the scope, objectives, and practical application. Stay informed to uphold credibility.
Explore the types of modified opinions, circumstances requiring modifications, and the impact on the auditor’s report as per Standard on Auditing 705
Explore the scope and responsibilities of Standard on Auditing 610, covering the use of internal audit functions by external auditors. Learn the relationship with SA 315 and key considerations
Explore the significance of Written Representations in audits with a detailed analysis of Standard on Auditing 580. Learn its scope, objectives, and implications
Explore the nuances of Standard on Auditing 550, delving into auditor responsibilities, risk assessment, and responses for transparent financial reporting
Dive into the details of Standard on Auditing 500 (SA 500) – Audit Evidence. Learn its scope, objectives, definitions, and requirements. Enhance your auditing knowledge
Understand Standard on Auditing (SA) 450, focusing on misstatement evaluation, communication, and correction. Learn the impact on financial statements and governance.
SEBI Board’s 203rd meeting in Mumbai approved crucial changes, including flexibility in Social Stock Exchange, a regulatory framework for Index Providers, and amendments for Small & Medium REITs.
