New procedure for registration of fund/ trust/charitable institutions etc.: CBDT issues Notification No. 19/2021
Interest deduction u/s 36(1)(iii) couldn’t be disallowed if nexus between interest payment and business is established
An Overview of the changes made in the financials, Notes to accounts on account of amendments in Schedule III brought about by MCA
ICAI is acting tough against the members for negligence. Review your tax audit report and Revise it if there is a mistake
Now, Auditor has to report whether the company is using accounting software that has the feature to record audit trail of each and every transactions.