In a crucial development impacting India’s audit and accounting sector, the Supreme Court (SC) has permitted the National Financial Reporting Authority (NFRA) to proceed with disciplinary cases against chartered accountants (CAs) and audit firms even where no Audit Quality Review Reports (AQRRs) have been prepared and final orders are yet to be passed. However, …
On February 27, the Supreme Court’s 9-judge Constitution Bench embarked on hearings to address intricate issues pertaining to the taxation of mineral-bearing lands. Central to the discussions is the characterization of royalty under Section 9 of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR …
The changes in domestic taxation at basic level need to be understood in seven parts namely Slab Rates Business Income & Capital Gain International Taxation Assessment procedures Set off carry forward Chapter VIA TDS (Tax deducted at source), TCS (Tax collected at source) Others Impact of …
The changes in domestic taxation at basic level need to be understood in seven parts namely Slab Rates Business Income & Capital Gain International Taxation Assessment procedures Set off carry forward Chapter VIA TDS (Tax deducted at source), TCS (Tax collected at source) Others Impact of …
1. The Supreme Court to hear plea seeking ‘Opt Out’ Option For Symptomatic Students Without RT-PCR Test for December 2021 exams. 2. The application filed by Sanjeev K Arora, a prospective candidate of the CA Exam scheduled to be held between December 5, 2021, to December …
