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Changes in Companies Audit and Accounts Rules 2014

April 17, 2021 1965 Views 0 comment Print

1. Changes in Companies (Audit and Auditors) Rule 2014: – The auditor’s report shall also include their views and comments on the following matters: > Whether the management has represented that, other than as disclosed in the notes to accounts, no funds have been advanced or loaned or invested (either from borrowed funds or share […]

Tax implication on delay deposit of PF/ESIC Contribution:

April 1, 2021 23925 Views 5 comments Print

In the intimation processed u/s 143(1) of Income Tax Act, 1961, the Centralize Processing Center makes addition of income as per the amount reported in certain clauses of Tax Audit Report. Assessee is left with no choice but to go for appeal with higher authorities.  We have noticed that the disallowance includes along various other […]

Changes in Tax Rate of Domestic Company in India

December 30, 2019 34629 Views 2 comments Print

Understand the changes in the tax rate of domestic companies in India. Learn about the provisions introduced in The Taxation Law (Amendment) Act 2019 and their impact.

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