Kalyani B. Nair
Kalyani is graduated from Government Law College Thiruvananthapuram on BA, LLB and is currently pursuing LLM in Criminal Law, Criminology and Penology. She always believes that Fear kills more dreams, than failure ever will. Her area of interest are Criminal law and Constitutional Law. She is also into baking, reading and gardening.
Violation of Companies Act in Appointment as Statutory Auditor: ICAI reprimands two Chartered Accountants [Read Order]
The Institute of Chartered Accountants of India (ICAI) reprimanded two Chartered Accountants (CA) on ground of violation of provisions of Companies...
Failure to Communicate Acceptance of Assignments with Previous Auditors is Professional Misconduct: ICAI Reprimands CA [Read Order]
The Institute of Chartered Accountants of India (ICAI), reprimanded Chartered Accountant (CA) Rajan Sachdeva and ruled that the failure to communicate acceptance of assignments with previous auditors...
![Failure to Communicate Acceptance of Assignments with Previous Auditors is Professional Misconduct: ICAI Reprimands CA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Acceptance-of-Assignments-Auditors-Professional-Misconduct-ICAI-Reprimands-CA-ICAI-CA-taxscan.jpg "Failure to Communicate Acceptance of Assignments with Previous Auditors is Professional Misconduct: ICAI Reprimands CA [Read Order]")
Non-Adherence of Standards of Auditing: NFRA Imposes Fine of Rs 15 Lakhs in Total and Debars Two Chartered Accountants for 15 years in Total [Read Order]
The National Financial Reporting Authority (NFRA) imposed a fine of Rs 15 Lakhs in total and debarred two Chartered Accountants for 15 years in total on the ground of non-adherence to Standards of...
TNMM is Suitable Method for Determining ALP for International Transactions Concerning Indenting-Transactions: Delhi HC dismisses Appeal [Read Order]
The Delhi High Court dismissed appeal and observed that Transaction Net Margin Method (TNMM) is suitable method for determining Arm’s Length Price (ALP) for international transactions concerning...
![TNMM is Suitable Method for Determining ALP for International Transactions Concerning Indenting-Transactions: Delhi HC dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/TNMM-TNMM-is-Suitable-Method-for-Determining-ALP-for-International-Transactions-ALP-International-Transactions-Indenting-Transactions-Delhi-High-Court-Taxscan.jpg "TNMM is Suitable Method for Determining ALP for International Transactions Concerning Indenting-Transactions: Delhi HC dismisses Appeal [Read Order]")
SC Condones Delay of 707 Days in Income Tax Refiling, Directs Delhi HC to Consider Appeal on Merits [Read Order]
The Supreme Court (SC) of India condoned a delay of 707 days in income tax refiling and directed the Delhi High Court (HC) to consider appeal on merits. The appellant/Revenue is aggrieved by the...
![SC Condones Delay of 707 Days in Income Tax Refiling, Directs Delhi HC to Consider Appeal on Merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/SC-Condones-Delay-SC-Condones-Delay-Condones-Delay-of-707-Days-in-Income-Tax-Refiling-Delhi-HC-Delhi-High-Court-taxscan.jpg "SC Condones Delay of 707 Days in Income Tax Refiling, Directs Delhi HC to Consider Appeal on Merits [Read Order]")
CA Acting as Statutory Auditor Guilty of Professional Misconduct in not Detecting Wrong Financial Statement in Audit Report: ICAI
The Institute of Chartered Accountants of India in a recent ruling observed that Chartered Accountant (CA), acting as statutory auditor guilty of professional misconduct in not detecting wrong...
Enhancement of Disallowance u/s 43B of Income Tax Act made Voluntarily: Delhi HC confirms Penalty Order of ITAT [Read Order]
The Delhi High Court confirmed penalty of the Income Tax Appellate Tribunal (ITAT), on the ground of enhancement of disallowance under Section 43B of Income Tax Act, 1961 made voluntarily. The...
![Enhancement of Disallowance u/s 43B of Income Tax Act made Voluntarily: Delhi HC confirms Penalty Order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Disallowance-Income-Tax-Act-Income-Tax-Income-Tax-Act-made-Voluntarily-Delhi-HC-confirms-Penalty-Order-of-ITAT-Delhi-High-Court-Penalty-Order-Penalty-Taxscan.jpg "Enhancement of Disallowance u/s 43B of Income Tax Act made Voluntarily: Delhi HC confirms Penalty Order of ITAT [Read Order]")
Different View taken by AAR cannot be Sufficient Basis for Income Tax Officer to Believe Escapement of Income: Bombay HC quashes Assessment Notice [Read Order]
The Bombay High Court quashed assessment notice and observed that the different view taken by AAR cannot be sufficient basis for Income Tax Officer to believe escapement of income. The petitioner,...
![Different View taken by AAR cannot be Sufficient Basis for Income Tax Officer to Believe Escapement of Income: Bombay HC quashes Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/AAR-Income-Tax-Officer-Income-Tax-Income-Assessment-Notice-Assessment-Notice-Different-View-taken-by-AAR-Bombay-HC-quashes-Assessment-Notice-Taxscan.jpg "Different View taken by AAR cannot be Sufficient Basis for Income Tax Officer to Believe Escapement of Income: Bombay HC quashes Assessment Notice [Read Order]")