AI and automation are streamlining tax compliance by enhancing data processing, accuracy, and fraud detection, as ...

Key points for auditors on Clause 34 of the Tax Audit Report, covering TDS/TCS compliance, statement furnishing requirements, ...

Secretarial auditors must maintain professional skepticism and judgment to detect fraud by company officers or employees, ...

India's Maternity Benefit Act, 1961, grants paid maternity leave to all employed women, regardless of marital status, ...

Borrowing from directors requires Audit Committee approval as a related party transaction under the Companies Act, 2013, even ...

India's CCPA issued 2024 guidelines to curb deceptive advertising by coaching centers, mandating transparency and prohibiting ...

The NCDRC ruled that an insurance policy's grace period starts from the electronic clearing system (ECS) dishonour date, not ...

Recently, while filing GSTR-3B (Table 6.1), some taxpayers noticed that the GST portal is allowing manual ITC entries that ...

Unregistered vendors in Bangalore and Mysuru face GST notices based on UPI transactions, leading to digital payment ...

J&K High Court rules motor insurance typically excludes gratuitous passengers, shifting compensation liability to the vehicle ...

Supreme Court reprimanded Rajasthan High Court for extensive delays in a bail order, emphasizing fundamental right to speedy justice for an accused held for 17 months without ...

CESTAT Chennai held that active collusion of appellant i.e. Custom House Agent [CHA] with High Sea Seller not proved hence penalty under section 112(a) of the Customs Act, 1962 unwarranted in absence ...