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Income Tax Addition Beyond Limited Scrutiny Scope Without Prior Approval Unsustainable: ITAT Delhi Income Tax ₹2.48 Crore Section 68 Addition Deleted as Bank Credits From Money Transfer Business Explained: ITAT Mumbai Income Tax Excess Stock Forming Part of Business Stock Cannot Be Treated as Section 69 Income: Andhra Pradesh HC Income Tax Section 115BBE Not Applicable When Excess Stock Is Traceable to Business Income: ITAT Chandigarh Income Tax Section 271AAB Penalty Notice Must Specify Applicable Limb: ITAT Chennai Income Tax Section 271AAB Penalty Invalid if Notice Fails to Specify Applicable Clause: Madras HC Income Tax Section 271AAB Penalty Invalid if Notice Fails to Specify Applicable Clause: ITAT Hyderabad Income Tax 10% Tax Demand Deposit Unjustified Where Trust Has Strong Prima Facie Case: Bombay HC
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#Audit

Every article filed under the “Audit” tag — analysis, news and updates.

670 articles
CA, CS, CMAHow to verify and confirm subsequent events as part of audit procedures?
CA, CS, CMA

How to verify and confirm subsequent events as part of audit procedures?

MAHIPAL SINGH RAJPUROHIT3 years ago
CA, CS, CMAHow to authenticate Estimates during audit process?
CA, CS, CMA

How to authenticate Estimates during audit process?

MAHIPAL SINGH RAJPUROHIT3 years ago
CA, CS, CMAHow to authenticate Legal expenses during audit process?
CA, CS, CMA

How to authenticate Legal expenses during audit process?

MAHIPAL SINGH RAJPUROHIT3 years ago
CA, CS, CMAHow to authenticate payroll expenses during audit process?
CA, CS, CMA

How to authenticate payroll expenses during audit process?

MAHIPAL SINGH RAJPUROHIT3 years ago
CA, CS, CMAWhat Audit Committees are looking for Internal Audit Departments!!!
CA, CS, CMA

What Audit Committees are looking for Internal Audit Departments!!!

Bilimoria Mehta & Co.3 years ago
FinanceBasics of Auditing: Some Important Ratios for Auditor
Finance

Basics of Auditing: Some Important Ratios for Auditor

CA Rahul Sharma3 years ago
CA, CS, CMAProfessional Skepticism in Auditing: Third Eye of Auditor
CA, CS, CMA

Professional Skepticism in Auditing: Third Eye of Auditor

MOHIT BHANDARI3 years ago
CA, CS, CMAExposure Draft SA 230 Audit Documentation
CA, CS, CMA

Exposure Draft SA 230 Audit Documentation

Editor3 years ago
CA, CS, CMAExposure Draft of SA 300: Planning an Audit of Financial Statements
CA, CS, CMA

Exposure Draft of SA 300: Planning an Audit of Financial Statements

Editor43 years ago
CA, CS, CMADraft Standard on Auditing 210 Agreeing the Terms of Audit Engagements
CA, CS, CMA

Draft Standard on Auditing 210 Agreeing the Terms of Audit Engagements

Editor3 years ago
CA, CS, CMADraft Standard on Auditing 220 Quality Control for Audit of Financial Statements
CA, CS, CMA

Draft Standard on Auditing 220 Quality Control for Audit of Financial Statements

Editor23 years ago
CA, CS, CMAIntricacies of Operational Audit: Join Our Exclusive Webinar on November 18, 2023!
CA, CS, CMA

Intricacies of Operational Audit: Join Our Exclusive Webinar on November 18, 2023!

CA, CS Shivani Adukia3 years ago
CA, CS, CMAAuditors in India: Roles, Regulations, and Responsibilities
CA, CS, CMA

Auditors in India: Roles, Regulations, and Responsibilities

TG Team3 years ago
CA, CS, CMARedefining Auditing: The Secret Power of In-House Accountants & Auditors
CA, CS, CMA

Redefining Auditing: The Secret Power of In-House Accountants & Auditors

CA Raj Doshi3 years ago