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Statutory Auditors

CESTAT Overturns Rs.17.5 Cr Service Tax Demand Against Ultra tech Cement, Faults Department's Calculation Method [Read Order]

Adwaid M S

In a significant relief to Ultra Tech Cement the Eastern Zonal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata has...

ICAI - 73rd ICAI President Shares His Vision - 73rd ICAI President - ICAI President - ICAI is My Guru - Guiding Light - taxscan

ICAI is My Guru, My Guiding Light: 73rd ICAI President Shares His Vision

ICAI - ICAI issues Corrigendum - Typographical Error - ICAI typographical error corrigendum - annual report corrigendum - taxscan

ICAI issues Corrigendum to 75th Annual Accounts following Typographical Error

RBI - Reserve Bank Of India - RBI guidelines for Auditors - Appointment of Auditors in Co-Operative Banks - Re-appointment of Statutory Auditors - Taxscan

RBI issues guidelines for appointment/re-appointment of Statutory Auditors for State and Central...

CA Certification - Dos and Donts Of CA Certification - Certifications - CA Certification of Documents - Certification of Documents - TAXSCAN

CA Certification of Documents: Do's and Don'ts

Deloitte Resigns from Adani Ports as Statutory Auditors over Concerns Flagged by Hindenburg

The Deloitte company which is one of the largest auditing firms has decided to resign as auditor of India's Adani Ports , Adani Ports and Special Economic Zone Ltd(APSE.NS) over concerns about...

Deloitte - Adani Ports - Deloitte Resigns from Adani Ports - Deloitte Resigns from Adani Ports as Statutory Auditors - taxscan

NFRA Imposes Fine of Rupees 2.15 Crores on Statutory Auditors of Coffee Day Global Limited

The National Financial Reporting Authority (NFRA) imposed a fine of Rupees 2.15 Crores on the Statutory Auditors of Coffee Day Global Limited. Pursuant to Securities and Exchange Board of India...

NFRA Imposes Fine of Rupees 2.15 Crores - NFRA - NFRA Imposes Fine of Rupees 2.15 Crores on Statutory Auditors - Coffee Day Global Limited - Taxscan

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 Act, 2013 in the appointment as Statutory Auditor. ...

Violation - Companies -Act - Appointment - Statutory -Auditor-ICAI - Chartered -Accountants-taxscan

CA Fails to report Non-Compliance with Format of Financial Statements with Other Professional Misconduct: NFRA imposes Rs. 1 Lakh Penalty [Read Order]

The National Financial Reporting Authority (NFRA) imposed Rs. 1 lakh penalty on a Chartered Accountant CA Gautam Guha who failed to report the non-compliance of the company with the format of the...

CA - Fails to report - Non-Compliance with Format of Financial Statements - Non-compliance - Professional Misconduct - NFRA - Penalty - Taxscan

NFRA issues Circulars on Statutory Auditors’ Responsibilities in relation to Fraud in a Company [Read Circular]

The National Financial Reporting Authority (NFRA) addressing the Auditors of the Entities, issued a circular on 26th June 2023 regarding the responsibilities of the Statutory Auditors in relation to...

NFRA issues Circulars - Circulars - NFRA - Statutory Auditors - Responsibilities - relation to Fraud in a Company - Fraud in a Company - Fraud - taxscan

Deloitte Resigns from Byjus's Think and Learn as Statutory Auditors citing delay in Financial Statements of FY 2022; appoints BDO as Auditor

Deloitte Haskins & Sell, one of the largest auditing firms, has stepped down from major Edutech Company Byju’s - Think and Learn Private Limited. On 22nd June 2023, the auditing firm submitted...

Deloitte - Deloitte Resigns from Byjuss - Byjuss - Resigns - Statutory Auditors citing delay in Financial Statements - Financial Statements - Statutory Auditor - Think and Learn - FY 2022 - taxscan

Delay in filing Audit Report due to Statutory Auditors: ITAT deletes Penalty [Read Order]

The Income Tax Appellate Tribunal (ITAT), Cuttak bench has held that the penalty under section 271B of the Income Tax Act, 1961 cannot be levied for delay in filing of audit report due to statutory...