![Non-Accrual of Interest on Borrowings by Companies in Violation of Indian Accounting Standards: NFRA Asks Auditors to Strictly Follow Norms [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Companies-Violation-Indian-Accounting-Standards-NFRA-TAXSCAN.jpg "Non-Accrual of Interest on Borrowings by Companies in Violation of Indian Accounting Standards: NFRA Asks Auditors to Strictly Follow Norms [Read Order]")
Non-Accrual of Interest on Borrowings by Companies in Violation of Indian Accounting Standards: NFRA Asks Auditors to Strictly Follow Norms [Read Order]
The National Financial Reporting Authority (NFRA) has advised all the Companies to follow Ind AS and their audit committees and advised not to...
![Income Tax leviable on Tuition Fee in the Year of Rendering of Services: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Tuition-Fee-Rendering-of-Services-ITAT-Taxscan.jpeg "Income Tax leviable on Tuition Fee in the Year of Rendering of Services: ITAT [Read Order]")
Partner of LLP not eligible to become or continue as Designated Partner for five years on failure to file Financial Statements for any continuous three Financial Years: MCA [Read Notification]
The Ministry of Corporate Affairs (MCA) has notified the Partner of LLP not eligible to become or continue as designated partner for a period of five years on failure to file financial statements for...
![Partner of LLP not eligible to become or continue as Designated Partner for five years on failure to file Financial Statements for any continuous three Financial Years: MCA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/02/Partner-of-LLP-LLP-not-eligible-designated-partner-five-years-failure-file-financial-statements-continuous-three-financial-years-MCA-Taxscan-1.jpeg "Partner of LLP not eligible to become or continue as Designated Partner for five years on failure to file Financial Statements for any continuous three Financial Years: MCA [Read Notification]")
ICAI invites Public Comments on Exposure Draft of Amendments in C&I Taxonomies- IND AS based Taxonomy & AS based Taxonomy
The Institute of Chartered Accountants of India has invited Public Comments on the Exposure Draft of the Amendments in the Commercial & Industrial (C&I) Taxonomies- IND AS based...
MCA allows Board of Directors to approve Financial Statements, Board’s Report via Video Conferencing [Read Notification]
The Ministry of Corporate Affairs (MCA) scrapped the Rule restraining the presentation of approval of the annual financial statements, approval of the Board’s report etc. via video conferencing. ...
RoC can’t Deactivate DIN of Director for Disqualification: Madras HC grants relief to Senior DMK Leader [Read Order]
The Madras High Court held that the Registrar of Companies (RoC) cannot Deactivate the Director Identification Number (DIN) of Director for Disqualification in Company The petitioner, Baalu...
![RoC can’t Deactivate DIN of Director for Disqualification: Madras HC grants relief to Senior DMK Leader [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/RoC-Deactivate-DIN-of-Director-for-Disqualification-in-Company-Madras-High-court-Senior-DMK-Leader-TR-Balu-Taxscan.jpeg "RoC can’t Deactivate DIN of Director for Disqualification: Madras HC grants relief to Senior DMK Leader [Read Order]")