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Shruti Khandelwal

Latest Posts by Shruti Khandelwal

Regulatory Requirement of Internal Control over Financial Reporting

April 20, 2018 33306 Views 1 comment Print

ICFR (Internal Controls over Financial Reporting) in India is paradigm shift over reporting requirement of CARO by virtue of Indian Companies Act, 2013. It is mandatory for auditors to comment over design and operative effectiveness of the controls in case of listed and unlisted companies. Requirement is broadly similar to what is mandated by US Sarbanes Oxley Act, 2002.

What You must know about E-Way Bill!

February 24, 2018 4170 Views 2 comments Print

Brief About EWB: ♠ An e-way bill has to be prepared for every consignment where the value of the consignment exceeds Rs.50,000/- ♠ Where multiple consignments of varying values (per consignment) are carried in a single vehicle, e-way bill needs to be mandatorily generated only for those consignments whose value exceeds Rs.50,000/-. ♠ For multiple […]

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