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Standard on Quality Management (SQM) 2 Engagement Quality Reviews

October 18, 2024 1494 Views 0 comment Print

Explore the SQM 2 standard on Engagement Quality Reviews, detailing responsibilities, procedures, and compliance requirements for audit engagements.

Standard on Quality Management (SQM) 1

October 18, 2024 1836 Views 0 comment Print

SQM 1 outlines the quality management responsibilities for firms conducting audits and assurance services, ensuring compliance with professional standards.

ICAI SOP for Police & Law Enforcement: Investigation & Arrest of CAs

October 18, 2024 10818 Views 0 comment Print

ICAI issues guidelines for police procedures involving Chartered Accountants, emphasizing fairness and adherence to legal standards during investigations.

Salaried & Minors: Income-Tax Rules for TDS/TCS Credit Claims amended

October 18, 2024 5547 Views 2 comments Print

CBDT simplifies TDS for salaried employees and enables parents to claim TCS credit for minors through recent amendments in Income-tax Rules, 1962.

SEBI Consultation paper on Opening Demat Accounts for AOPs

October 16, 2024 1107 Views 0 comment Print

SEBI seeks public comments on allowing Association of Persons (AOPs) to open demat accounts for holding securities, excluding equity shares. Submit by Nov 5, 2024.

PIL Challenges Denial of rebate under Section 87A and Unjust Demand notices

October 16, 2024 54180 Views 8 comments Print

A PIL filed in Gujarat HC contests the denial of Section 87A rebate, highlighting unfair demands and confusion among middle-class taxpayers.

Challenge to Income Tax Section 87A Rebate Denial in Gujarat High Court

October 16, 2024 6780 Views 4 comments Print

A PIL filed in Gujarat High Court contests the denial of the Income Tax rebate under Section 87A, impacting middle-class taxpayers across India.

Stamp Duty Rate Changes in Maharashtra from 14.10.2024

October 14, 2024 41577 Views 0 comment Print

Maharashtra’s new ordinance raises stamp duties, setting minimum rates at Rs 500 and increasing charges on key documents like Articles of Association and Partnership Deeds.

CBI Arrests Customs Officials in Bribery Case

October 11, 2024 1791 Views 0 comment Print

CBI arrests Customs Superintendent and private firm rep for ₹3.18 lakh bribe; over ₹22.7 lakh recovered during searches.

RBI Invites Applications for Faculty Research Scholarships

October 11, 2024 2436 Views 0 comment Print

RBI seeks applications from faculty for research scholarships in economics and finance. Deadline: November 5, 2024. Duration: 3 months from December 9, 2024.

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