Articles by CMA Navneet Kr Jain

GST Audit Discontinued: New Onus on Assessees

Posted by CMA Navneet Kr Jain 03 February 2021 18133 Views

Union Budget 2021 discontinues mandatory GST audits by CAs/CMAs, shifting more responsibility onto assessees. Learn about the implications and advice.

Disclose COVID-19 Impact in Company Accounts

Posted by CMA Navneet Kr Jain 19 November 2020 3625 Views

Learn how to disclose COVID-19's financial impact in your company's statutory documents. SEBI and accounting bodies provide essential guidance.

COVID-19 Expenses & Inventory Valuation: ICAI Guidance

Posted by CMA Navneet Kr Jain 29 October 2020 4864 Views

Learn how to identify and treat abnormal COVID-19 related costs and value inventory correctly, following ICAI guidelines for accurate reporting.

GST annual figures for 2018-19 to be reported in Cost Records/ Cost Audit Annexures/ Reports

Posted by CMA Navneet Kr Jain 30 December 2019 2671 Views

Mapping of figures being reported in the GST documents with the other statutory documents has caught the eyes of the taxation authorities. Newspapers are floode...

Amendments to Director's Report and issue of Guidance Note by ICAI

Posted by CMA Navneet Kr Jain 10 October 2019 10845 Views

RESPONSIBILITY OF DIRECTORS: AS REGARDS MAINTENANCE OF COST RECORDSASSURANCE CERTIFICATE FOR MAINTENANCE OF COST RECORDSMaintenance of Cost Records and data gen...

New Dimensions to GST Annual Report & GST Audit

Posted by CMA Navneet Kr Jain 09 June 2019 15293 Views

The article is an attempt to explore the untouched areas in the GST Audit arena. The companies have started the GST audit processes and are focussing on GSTR 9 ...

Amendments in Companies Cost Records and Audit Rules

Posted by CMA Navneet Kr Jain 03 June 2019 6354 Views

The much awaited demand of the stake holders with regard to the fine-tuning of Companies Cost Records and Audit Rules has been met with though not fully by the ...