Popular Articles

180 Days and the Interest Controversy: From date of availment or 181st day?

Raj Jaggi 06 April 2026 at 09:18

The 180-day payment condition under Section 16(2) of the CGST Act mandates reversal of Input Tax Credit (ITC) with interest if supplier payments are delayed. Learn its scope, Rule 37 mechanism, interest implications and practical compliance strategies.

Beyond the Numbers: Evaluating Earnings Quality vs Reported Profits

Archita Jain 06 April 2026 at 10:10

Explore the concept of earnings quality and why reported profits alone are not enough for business valuation. Learn how cash flows, accruals, governance and regulatory frameworks in India shape reliable financial analysis and investment decisions.

Advances Audit in Bank Branch - What the Regulations Say That Practice Often Misses

Pardeep Tayal 06 April 2026 at 09:00

A practical guide to bank branch audit of advances under RBI IRAC 2025 and ICAI Guidance Note 2026. Learn key NPA classification rules, CBS manipulation risks, provisioning triggers and critical audit red flags every auditor must check.