NFRA imposes Rs.5 Lakh penalty and 5-year debarment on CA Nilesh Chheda, auditor of MAN Industries (India) Limited, for significant lapses in statutory audit, including failure to report material misstatements and sub-standard audit work. Details of the order and findings revealed in this comprehensive article by the Government of India’s National Financial Reporting Authority.
Explore Odisha Mining Corporation vs. Commissioner of Central Excise case. Detailed analysis of let export order, duty payment, and refund claim rejection.
Explore the detailed SOP for handling insolvency cases before the National Company Law Tribunal (NCLT) as per SGST guidelines. Learn the process from initiation to resolution
In finance, Goods and Services Tax (GST) has been nothing short of a revolution, transforming how taxes are levied and simplifying a complex system.
Explore the Steel Wires or Strands, Nylon or Wire Ropes, and Wire Mesh (Quality Control) Order, 2023. Learn about standards, certification, and penalties for non-compliance
Explore the Legal Metrology- Material Measures of Length (Quality Control) Order, 2023. Learn about standards, certification, and penalties for non-compliance. Stay informed
Delhi HC judgment on Gudwala And Sons vs. ACIT for AY 2019-20. Detailed analysis of reassessment proceedings, allegations, and flaws in AO’s approach.
Delhi High Court ruling in PCIT Vs Techno Trexim (India) Pvt. Ltd. Understand the implications of the judgment on Section 14A disallowance without exempt income.
Delhi HC ruled on appeal in PCIT vs Global Logic India Ltd, upholding exclusion of comparables due to absence of segmental info & treatment of foreign exchange gain/loss as operating income/operating loss
Explore the adjudication order under Section 454 against Tricom India Ltd for non-compliance with Section 92 of the Companies Act, 2013. Detailed analysis, findings, and penalties.
