Company Law : The proposal to remove statutory audits for small companies risks eliminating independent financial scrutiny, potentially weakenin...
Income Tax : Section 119(2)(b) applications enable retirees to claim leave encashment exemption up to ₹25 lakh, condoning delays in filing re...
Income Tax : Explore significance of Rule 17AA from Finance Act, 2022, its impact on charitable institutions, compliance, and penalties for non...
Income Tax : Form 10B notified vide Notification No. 7/2023 dated 21st February 2023 is applicable from Assessment Year 2023-24 onwards i.e. fo...
CA, CS, CMA : Unlock the potential for Chartered Accountants in the field of mediation with the Mediation Act, 2023. Explore how CAs can leverag...
CA, CS, CMA : Application For Concurrent / Revenue Audit ( Year 2015-16 )- 1. Allahabad Bank invites applications in the under noted prescribed ...
CA, CS, CMA : As per CPE learning which is eligible for CPE credit for Unstructured Learning Activities(ULAs), the members are required to submi...
Income Tax : Under the new scheme Form 16/16A shall not be issued manually. A deductor shall download Form No. 16/16 A from the online system. ...
CA, CS, CMA : ICAI has expressed its serious concern to rename the ICWAI body to a name identical to Institute of Chartered Accountants of India...
CA, CS, CMA : Allocation of Banks and finalisation of Statutory Branch Auditors are in process. It is expected that the same shall be completed ...
Goods and Services Tax : Show cause notice was issued without scrutiny of the taxable value on which service tax was due from the appellant. He submitted t...
Income Tax : Sudha Garg Vs ITO (ITAT Delhi) The assessing officer made the assessment order u/s 147/143(3). The only issue involved in this app...
You may come across the situation while filling forms of the company that you are not allowed filing in spite of compliance from your company secretary and your valid digital signature. You may see that an error message crops up as under:
The system and manner of conducting of Tax Audit u/s 44AB have changed drastically in recent time. We now in electronic age, thus have to file the Tax audit Reports by e filing. The journey of tax audit report started with manual filing, proceeded towards to No filing and now the present going on procedure […]
A professional fee is the price one pays as remuneration for our professional services. The said remuneration covers the overhead charges, costs of equipment used, staff salaries and mark up. The demands of the profession over the years have become much more complex in nature and much wider in scope because of day to day […]
Your attention has been drawn for seeking extension of the Tax Audit date of 30th September 2015 on a ground of totally unjustified expectations from the fraternity of Chartered Accountants to complete their job within 23 days against statutory availability of 183 days.
I would like to attract your attention for seeking extension of the Tax Audit date of 30th September 2015 as it is totally unjustified to look towards the fraternity of Chartered Accountants to complete their job within 23 days against statutory availability of 180 days.
The passing out with flying colors from the institute of Chartered Accountants of India in finals provides us two directions to explore , either to opt for a job in the corporate world and to start a public practice. It’s important to understand that this is a very important period of transition. Whether you are […]
In an unprecedented move, the recent concluded council meeting has taken back its decision of the 338th Special Council Meeting prohibiting the members for tendering in the exclusive areas of practice of chartered accountants like audit and attestation services. The decision of taken back has been taken in totality so the regulator has opened up […]
Your attention is drawn towards a need of the hour that Tax Audits allotment be monitored through the department. It is certain that the tax audit reports shall be more qualitative and certainly result in achieving the objective of the Tax Audits. The said allotment may be monitored through your field offices under the 40 Principal CIT spread over to throughout the country.
Objectionable Condition No. 1- On receipt of audit report, department may call the auditor for seeking any clarification or ask them to complete audit, if it is found that particular area has not been examined properly.
15th August is approaching fast and feelings of patriotism shall be at its peak among us. Patriotism is the great and a selfless passion of love for one’s country. To an Indian patriot his mother and motherland are superior even to heaven. An Indian Patriot has been ever ready to lay down his life in the service of his country, India.
