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Forensic audit is the process used to examine an individual's or a company's financial information for use as evidence in court. It helps to detect diversion of funds, wilful defaults and window dressing of financial statements

Posted in Corporate Law |   222 Views



With the advent of web-enabled communication, automation, and the cloud, the accounting industry experienced a tectonic change in the way it worked.

Posted in Accounts  1 comments |   402 Views



The Reserve Bank of India released a bi-monthly monetary policy yesterday because of the ongoing pandemic COVID-19. Here are the key points that were announced by the RBI Governor

Posted in LAW |   586 Views



As per Section 96 of the companies Act, 2013, every company other than a One Person Company shall in each year hold in addition to any other meetings, a general..

Posted in Corporate Law |   233 Views



On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (August 6, 2020) has decided to keep the policy repo rate under the liquidity adjustment facility.

Posted in Others |   292 Views



Ind AS 41, Agriculture is the first standard that specifically covers the Accounting and Reporting requirements for the Primary sector. Prior to this standard, there were no established guidance on Agriculture and Allied Industry.

Posted in Accounts |   274 Views



An appeal is generally filed with ITAT in either Form 36 / 36A. However the forms by themselves are not self-sufficient to file an appeal. The appeal to be filed with ITAT should also be accompanied by GoA and SoF.

Posted in Income Tax  3 comments |   1281 Views



To address the problem of getting delayed payments by MSMEs, the RBI has introduced the Trade Receivables Discounting System (TReDS) in 2014.

Posted in Corporate Law |   579 Views



Securities Exchange Board of India (SEBI) has come out with Procedural Guidelines for Proxy Advisors to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Posted in LAW |   315 Views



Email from GSTN on Aggregate Turnover - How to Respond?

Posted in GST  14 comments |   5775 Views





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