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BANK AUDIT NORMS ::

Posted by CA.Saibaburao Nanduri 24 August 2007 22622 Views

Implementation of revised empanelment norms for appointment of statutory auditors of public sector banks select all India financial institutions & RBI.CLARIFICATION AS REGARDS THE MEANING OF THE TERM 'AUDIT STAFF' ISSUED BY RBI The Reserve Bank o

"My fair lady" for Chartered accountants firms

Posted by Rajat Mohan 20 May 2015 22620 Views

IntroductionAppointment of statutory auditor has always been an eye-popping issue under the Companies Act, 1956. Lawmakers have always given a great significance to these provisions in order to maintain the integrity, objectivity and unbiasedness o

Highlights of the Companies Bill, 2011

Posted by Guest 20 December 2012 22620 Views

The Bill has 470 clauses as against 658 Sections in the existing Companies Act, 1956. The entire bill has been divided into 29 chapters. Many new chapters have been int

New Service tax rate of 14%(Subsuming EC and SHEC) to come into effect from 1st June and other changes

Posted by Bimal Jain 20 May 2015 22619 Views

Service tax rate increased from 12.36% 14% (Subsuming EC and SHEC) effective from June 1, 2015 and Other changesAfter the Hon�ble President has given assent to the Finance Bill, 2015 on Thursday, May 14, 2015, the Ministry of Finance, Departmen

Detailed analysis section wise of Direct Tax Proposals

Posted by Vispi T. Patel 06 July 2019 22618 Views

HIGHLIGHTS OF ECONOMIC SURVEYo To achieve the objective of becoming a $5 trillion economy by 2024-25, India needs to sustain a real GDP growth rate of 8%o Growt...

What is Due Diligence?

Posted by Anchal 04 June 2016 22617 Views

Due Diligence literally means �reasonable care�. In relation to transactions / dealing with other entities, due diligence implies taking reasonable care to ensure that an entity has knowledge of those facts (disclosed and undisclosed) whi

Striking off an LLP

Posted by CS MOHIT SALUJA 14 May 2018 22613 Views

STRIKING OFF (CLOSING DOWN) AN LLP: AN OPPORTUNITY BY THE MCA FOR DEFAULTING COMPANIESThe penalty for LLPs defaulting in filing of any statutory return is Rs.10...

Powers Of A.O u/s 142(1) & 143(2)

Posted by CMA Gul S 12 September 2007 22613 Views

I have the following queries?1. Is there a time limit for issuing notice u/s 142 (1) ?2. Can a notice u/s 142(1) be issued after a notice under 143(2) has been issued? If, yes what is the rational behind issuing such notice as powers under 143(2) are

Karniti Part-17: Let's review major 13 tax & law events of 2013

Posted by CA Umesh Sharma 30 December 2013 22603 Views

Lets review 13 major developments in Tax & other laws of 2013Arjuna (fictional character): Krishna, Year 2013 is coming to end and New Year 2014 will begin soon. Time passes so quickly! While discussing various issues on tax laws, we did n

PSU Finance and Account exam

Posted by CA Rohit Awasthi 11 May 2020 22602 Views

To get into the Finance and Account Department of a Public Sector Undertaking, an individual has to clear multiple levels. Here how you can become ready to ace the exams?