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Process for Filing Application u/s 119(2)(b) of IT Act, 1961

  CA. Bhavik P. Chudasama    08 December 2023 at 14:07

Filing an application under Section 119(2)(b) of the Income Tax Act in India typically involves specific procedures.



Unveiling the Economic Landscape Behind Interactive Entertainment

  Niyati    08 December 2023 at 11:58

The surge in online gaming has given rise to a myriad of entertainment options, among which sweepstakes casinos have garnered significant attention. Within this..



Statutory Register of LLP

  CS Divesh Goyal    08 December 2023 at 10:26

The author will cover the "Details about Statutory Registers of LLP" in this article.



NFRA Imposes 5 Lakh Penalty and 10-Year Ban on Two Auditors of BHPL over Audit Lapse

  CA Kunal Jain    08 December 2023 at 09:21

This Order by the NFRA disposes of the SCN issued to CA Jignesh Mehta, a member of ICAI and the Engagement Partner (EP) for the statutory audit of Dewan Housing Finance Corporation Limited (DHFL) for the Financial Year 2017-18.



Master Direction on IT Governance, Risk, Controls and Assurance Practices from RBI

  Affluence Advisory    08 December 2023 at 09:19

Provide a structure and strong governance framework for technology in the Banking and Financial segment. The regulators have been working in this direction of strengthening control frameworks for technology services including outsourcing



Impact of AI on Taxation and Accounting Field

  Sai Kiran    08 December 2023 at 09:17

AI has significantly impacted the tax analysis process and the accounting field by automating routine tasks, enhancing data accuracy, and improving decision-making.



Supreme Court Upholds Order Directing GST Official to Pay Compensation to Taxpayer

  CA Aman Rajput    08 December 2023 at 09:17

In a landmark judgment, the Supreme Court has upheld an order of the High Court directing a GST official to pay compensation to a taxpayer for issuing an invalid penalty order. The Court also increased the compensation amount from Rs. 10,000 to Rs. 69,000.



Demystifying mutual fund types: Finding the right fit for your financial goals

  Aarika    07 December 2023 at 15:34

Planning your investments while keeping your financial goals in mind is an effective way to meet your short-term, medium-term, and long-term goals in a seamless..



ICAI FAQs on PMLA Reporting for CA Members

  Shree    07 December 2023 at 14:38

The Institute of Chartered Accountants of India (ICAI) has issued several FAQs regarding PMLA (Prevention of Money Laundering Act) reporting for its members.



Remuneration for Company Directors

  Mitali    07 December 2023 at 11:54

Director's remuneration refers to the compensation or payment that directors of a company receive for their services and responsibilities. Remuneration for directors (including managing or whole-time directors) is decided by the articles of the company or by a resolution in a general meeting.