Articles by CA Kanika Mittal

Tax Implications where liabilities are paid off By way of book adjustment

CA Kanika Mittal 17 May 2019 at 10:47

As per provisions of Section 40A(3) Where the assessee incurs any expenditure in respect of which a payment or aggregate of payments made to a person in a day,..

External Confirmations 3R's - Relevant, Reliable, Risk Mitigable

CA Kanika Mittal 27 September 2017 at 11:37

When used with other audit procedures, external confirmations can be an effective audit tool in detecting fraud in accounts. In addition, to obtain sufficient a..

Significance of Bank Reconciliation Statement

CA Kanika Mittal 13 September 2017 at 10:46

There are numerous reasons to analyze BRS prepared by an entity. One major reason why should an auditor has to be vigilant while performing BRS audit is discuss..