Members are aware that CBDT is validating UDIN while uploading of Tax Audit and other Income Tax Reports as per their Press release, else the forms will become null and void. We have been given to understand that UDINs for certain IT Forms Read more…
Category: Audit
The Institute of Chartered Accountants of India (hereinafter referred as “ICAI” or “the Institute”) constituted the “Committee for Internal Audit (CIA)” in February 2004, which in November 2005 was renamed as the “Committee on Internal Audit”. In November 2008, the Read more…
Major Changes : Taxpayer to give GSTN number along with details of other indirect Tax registrations like Sales Tax, Service Tax etc. The New form 3CD seeks for information of Gifts that are chargeable to tax as per clause (x) of Read more…
MUMBAI: Fearing a backlash from regulatory agencies around corporate governance standards many firms are dropping their auditing assignment like hot potatoes. Since January this year more than 30 firms have resigned as auditors of companies midterm, compared to about 7 Read more…
Mumbai: Price Waterhouse (PW), a network firm of PwC India has quit as auditor to BSE-listed construction and infrastructure company Atlanta Limited after it apparently refused to share details of an ongoing income tax investigation and the resignation of an independent director. The income tax department Read more…