Newsletter
Signup our newsletter to get update information, insight or news
Industry News Updates
Get all the latest news and top breaking news live related to Business & Income Tax … Read latest Business news, IT Notifications and news headlines online today.
Client Centric Approach
Backed By Experience
Team Work
Income-tax (First Amendment) Rules, 2023
Publish Date : Friday, February 10, 2023 source
Income Tax Department carries out survey operations in Delhi & Mumbai
Details : Publish Date : Friday, February 17, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1127/PressRelease-ITD-carries-out-survey-operations-in-Delhi-Mumbai.pdf source
Best Practices for Pre-Audit Preparation in Bank Branch Audits
Banking in India is a crucial aspect of the country’s financial system and economic growth. It plays a vital role in the economic development of any country. The banking industry is under a lot of regulations. To ensure compliance with these requirements, banks are required to undergo regular statutory audits. The financial statements of a […]
No identifiable promoters/group, no twin conditions for exemption from minimum subscription: SEBI
SEBI Informal Guidance No. SEBI/HO/CFD/PoD2/0W/P/2023/5822/1, Dated 10.02.2023 Query raised by the Applicant Company The Applicant Company sought an informal guidance on whether any relaxation is available to a professionally managed listed company in India without any identifiable promoter/promoter group proposing a right issue with respect to minimum subscription requirement under regulation 86 of the SEBI […]
Income-tax (Second Amendment) Rules, 2023
Publish Date : Tuesday, February 14, 2023 source
[Opinion] Post Budget, Why Certain Employees May Want a Reduced Salary!
Mayank Mohanka – [2023] 147 taxmann.com 230 (Article) With a view to make the new personal tax regime u/s 115BAC more attractive and to encourage more and more individuals to switch to the new regime, in order to reduce the perceived complexities in return filing and assessments arising out of the plethora of deduction claims […]
E-onboarding by AMCs doesn’t replace physical fee and charge acknowledgment
SEBI Informal Guidelines SEBUHO/IMD0MD-PoD-1/0W/N2023/509911, Dated 10.02.2023 Background SEBI vide. its Circular No. dated October 5th, 2010, specified that new clients who intend to register as Portfolio Manager must sign a separate document about fees and charges and write by hand that they understand the fees and charges structure. It was observed that in case of […]
Guide to Ind AS 34 | Interim Financial Reporting (IFR)
Table of Contents 1. Interim Financial Reporting (IFR) 2. Need and Objective 3. Scope 4. What are financial statements? 5. Principles of recognition and measurements 6. Annual effecting tax rate 7. Accounting Policies 8. Minimum Components of Interim Financial Report 9. Form and contents of interim financial statements 10. Minimum disclosure of notes 11. Significant […]
Revocation of cancellation to be re-considered due to COVID restrictions: HC
Case Details: Bheema Construction v. Assistant Commissioner of Commercial Taxes - [2023] 147 taxmann.com 112 (Karnataka) Judiciary and Counsel Details S.R. Krishna Kumar, J. Pradhyumna Hejib, Adv. for the Petitioner. Hema Kumar, AGA for the Respondent. Facts of the Case The GST department issued order of cancellation of GST registration of the petitioner. However, the revocation of […]
Let a Dedicated Tax Expert Do Your Taxes For You.
Get A Consultation
We Provide High-Quality Accounting & Tax Service. Our Businesses are evolving, in the economic realm by providing the best auditing, tax, and assurance services available.