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Draft Guidance Note – FAIS 220 : Engagement Acceptance and Appointment

June 6, 2023 1092 Views 0 comment Print

Forensic Accounting and Investigation Standard (FAIS) 220 on Engagement Acceptance and Appointment deals with the responsibility of the Professional prior to agreeing with the terms of the engagement during appointment

Draft Guidance Note – FAIS 140 : Applying Hypotheses

June 6, 2023 1242 Views 0 comment Print

A hypothesis is a provisional unproven theory supposition or proposed explanation based on limited facts assumptions and observations the merits of which needs to be established through further examination and study of evidence

Advanced ICITSS – Adv. IT Test Dates and Examination Centers by ICAI

June 6, 2023 8952 Views 0 comment Print

Latest information on Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) – Adv. Information Technology Test conducted by ICAI

NCLAT Job Vacancies for Judicial & Technical Members: Application Guide

June 6, 2023 1347 Views 0 comment Print

Govt issued a circular detailing vacancies for Judicial & Technical Members posts in NCLAT with detailed guide to apply for these positions

GST Implications on Transfer of Monetary Proceeds from IVL India to IVL Sweden

June 5, 2023 1494 Views 0 comment Print

Understand the GST implications on transferring monetary proceeds from IVL India to IVL Sweden, as elucidated by GST AAAR Maharashtra.

Consultation paper on proposed IFSCA (Banking) (Amendment) Regulations, 2023

June 5, 2023 519 Views 0 comment Print

Consultation paper on proposed IFSCA (Banking) (Amendment) Regulations, 2023 a. Permit IBUs to be set up as a subsidiary company of the parent bank b. Specify the base capital required to commence operation as a subsidiary company of the parent bank at USD 50 million with discretion provided to the Authority to specify any other level of capital.

FORM 3 LLP – Filing Steps & Faqs

June 5, 2023 14982 Views 0 comment Print

Learn about filing Form 3 LLP for initial LLP Agreement and changes in LLP Agreement. Understand purposes, eligibility, and FAQs for smooth filing. Get insights into linked filings, editing details, and error resolution in Form 3 LLP. Simplify LLP compliance with accurate information.

CESTAT quashes order as it lacked reasoning or findings to support its conclusion

June 3, 2023 1791 Views 0 comment Print

Analysis of CESTAT Mumbai case – Commissioner’s order lacking reasoning set aside, violating justice principles. Learn the details, issues, and the remand decision.

Electronic Repairs Services Outsourcing Pilot Initiated at ACC Bengaluru

June 3, 2023 6012 Views 0 comment Print

CBIC Circular No. 14/2023-Customs dated 3rd of June, 2023 introduces the Electronic Repairs Services Outsourcing (ERSO) initiative. ERSO aims to extend the lifespan of defective or damaged electronic goods by allowing designated repair service entities in India to import and repair them before re-exporting. The circular outlines the regulatory environment for ERSO, including the General […]

100% Penalty Not Imposable if Duty, Interest & 25% Penalty Already Paid

June 3, 2023 2889 Views 0 comment Print

Explore the Network vs. Commissioner of Central Excise case – CESTAT Chandigarh ruling on penalty, service tax, and Section 80 benefits. Full analysis and order details.

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