Ceiling on Tax Audits in India for Chartered Accountants
Tax Auditing Auditing is the systematic examination of financial statements to verify compliance with regulatory standards and internal controls....
Incorporation of 20 Companies in 18 Days with Same Address and Set of Directors: ICAI Disciplinary Committee holds CA Guilty of Professional Misconduct
The Disciplinary Committee of the Institute of Chartered Accountants of India ( ICAI ) has recently held a Chartered Accountant ( CA ) guilty of professional misconduct, owing to incorporation of 20...
MCA appoints Justice Suresh Kumar Gupta as Chairperson to Appellate Authority for CAs, CSs, and Cost Accountants [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has notified the appointment of Chairperson and Members to Appellate Authority for CAs, CSs, and Cost Accountants. Justice Suresh Kumar Gupta, Judge...
Operating Bank account of CD which is under Liquidation Estate by RP is of Grave Nature : IBBI Suspends RP for 2 Years [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has suspended the registration of the Resolution professional (RP) for operating the bank account of the Corporate Debtor (CD). The board...
Failure to Verify Claim of Financial Creditor: IBBI imposes penalty of One Lakh on Insolvency Professional [Read Order]
The Insolvency and Bankruptcy Board of India(IBBI) imposed a penalty of One Lakh on an Insolvency Professional for failure to verify the claim of a Financial Creditor. Mr. Dhaval Jitendrakumar...
