ITAT Delhi allows senior citizen’s appeal against Rs. 9 lakh addition under Section 69A. Assessing Officer failed to prove misuse of accumulated cash. Read the full order.
CESTAT quashes penalty on MSK Shipping & Logistics for illegal export of red sander goods. Delve into the legal implications of this case.
Explore the proposed regulatory framework for Accredited Investors in IFSC, aligning with international standards. Provide feedback on this Consultation Paper by December 7, 2023
Explore the key aspects of SA 700 (Revised) for auditors, covering forming opinions on financial statements, reporting requirements, and global consistency. Learn the effective date and objectives
Explore the details of Standard on Auditing 570 (SA 570) regarding going concern in financial statements. Learn the auditor’s responsibilities, risk assessment, and implications for the auditor’s report
Introduction Scope of this SA 1. This Standard on Auditing (SA) applies when the auditor has decided to use audit sampling in performing audit procedures. It deals with the auditor’s use of statistical and non-statistical sampling when designing and selecting the audit sample, performing tests of controls and tests of details, and evaluating the results […]
Explore Standard on Auditing 315 Identifying Risks of Material Misstatement. Learn effective risk assessment procedures, internal control evaluation, and more
Explore Lenovo vs Joint Commissioner GST case on Section 54(1) time limits for GST refund. Detailed analysis of rejection and mismatch issues.
Allahabad High Court judgment reduces GST penalty from Rs. 56,00,952 to Rs. 10,000 in Clear Secured Services Pvt Ltd vs Commissioner case. Analysis and implications.
Ministry of Corporate Affairs imposes penalties on EMTEX International Limited for violating Section 92 of Companies Act 2013. Detailed analysis of the adjudication order and its implications
