Articles by Atul Khurana

Prevention of money laundering act, 2002

Atul Khurana 20 April 2016 at 11:53

Introduction:PREVENTION OF MONEY LAUNDERING ACT, 2002 Came into force with effect from 01st July, 2005.The Act extend to whole of India except J&K.Objective: To prevent money- laundering, seize the property with authority, involved in money laund

Black Money (Undisclosed Foreign Income And Assets) and Imposition Of Tax Act, 2015

Atul Khurana 17 August 2015 at 10:26

In India, Black money refers to funds earned on the black market, on which income and other taxes have not been paid. But Indian Govt. took a very great step against the black money and a step to assess this income whether the income is located in In

Audit under banking environment

Atul Khurana 23 June 2015 at 10:42

Banking sector: The IT saga in Indian banking commenced from the mid-eighties of the twentieth century when the RESERVE BANK took itself the task of promoting automation in banking to i

Positioning of internal audit in corporate framework

Atul Khurana 15 June 2015 at 11:44

CONTENTS: Introduction Scope Internal Audit in corporate framework Principles of Internal Audit ICAI�s Standards on internal audit Internal Audit process Benefits ConclusionIntroduction: Int

International taxation

Atul Khurana 22 May 2015 at 10:26

International Tax is best regarded as the body of legal provisions of different countries that covers the tax aspects of cross - border transactions. It is concerned with Direc

Challenges for Auditor in Companies Act, 2013

Atul Khurana 11 April 2015 at 12:17

Overview to the Companies Act, 2013:The new Companies Act (hereinafter referred as COMPANIES ACT 2013) is replacing old Companies Act, 1956The Companies Act 2013 makes comprehensive provisions to govern all listed and unlisted companies in the countr

CSR in new Companies Act, 2013

Atul Khurana 26 December 2014 at 10:55

Companies Act, 2013: An overviewThe Companies Act, 2013 (2013 Act), enacted on 29 August 2013 on accord of Honble Presidents assent, has the potential to be a historic milestone, as it aims to improve corporate governance

Accouning Standards vis-a-vis IND vis-a-vis IFRS

Atul Khurana 22 December 2014 at 11:00

OVERVIEW:What is Convergence of Accounting Standards?What is IFRS?Convergence of Indian accounting standards with IFRSRole of ICAI in IND ASRole of SEBI in IND ASRole of Industry AssociationsAdvantages and Challenges after implementing IND ASFor bett