Mondaq India: Accounting and Audit
SKP Business Consulting LLP
Pursuant to the introduction of the Indian Accounting Standards (Ind AS) vide notification dated 16 February 2015, by the Ministry of Corporate Affairs (MCA), companies covered by...
An audit is more than a formality, it is a necessity to protect your business and encourage it to thrive. Early warnings, open communication and pragmatic resolution of issues are the essential features.
TMF Group
Outlined below is what companies need to do differently to keep up with play.
Singh & Associates
The Reserve Bank of India had notified that scheduled commercial banks (excluding Regional Rural Banks) shall follow the Indian Accounting Standards...
Nishith Desai Associates
The High Court has now allowed the writ petition and quashed the directions for subjecting DISCOMs to CAG audits.
S.C. Vasudeva & Co.
The ICDS on tangible fixed assets is based on the Accounting Standard on Accounting for Fixed Assets (AS-10) notified by The Companies Accounting Standards Rules, 2006.
Khaitan & Co
This article attempts to provide a background of the relevant legal provisions and analyse the issue.
Nishith Desai Associates
Supreme Court has held that the books of account of telecom service providers would be subject to CAG audit.
D.M. Harish & Co.
Computation of profits and gains of business on presumptive basis.
The 3rd edition of the Confederation of Indian Industry's (CII) IFRS Summit 2011 (Summit) was held on 18 May 2011 at the Taj Mahal Palace, Mumbai.
Osborne Clarke
Here are some facts that the average Westerner may not know about India. It now offers some of the largest software and systems developers in the world - TCS and Infosys, for example, turnover more than US$2 billion in revenue. India is the second fastest-growing economy in the world, according to the British High Commission.
K.F. Jetsey & C.
Recently India’s Prime Minister Dr. Manmohan Singh, during his visit to UN, invited business enterprises in UK and USA to invest in India.
DSK Legal
Think Tank
Anand & Anand
Most Popular Recent Articles
SKP Business Consulting LLP
Pursuant to the introduction of the Indian Accounting Standards (Ind AS) vide notification dated 16 February 2015, by the Ministry of Corporate Affairs (MCA), companies covered by...
Khaitan & Co
There are various provisions in the Act, which require valuation by a registered valuer including issuance of shares on preferential basis, compromise and arrangements between company and its creditors or members, minority shareholding buy-out, liquidation, etc.
Khaitan & Co
The provisions relating to removal of the auditor of an Indian company are primarily governed by Section 140 of the Act.
SKP Business Consulting LLP
Considering the applicability of the Indian Accounting Standards (Ind AS) to various classes of companies, a much needed amendment has now been introduced in Section 115JB of the Income Tax Act, 1961.
On 14 December 2015, the Ministry of Corporate Affairs (MCA) came out with a notification pertaining to reporting of frauds..
Samvad Partners
In its effort to align the information technology framework of NBFC with evolving best practices, the RBI has issued a Master Direction on June 8, 2017 on the ‘Information Technology Framework for the NBFC Sector'.
Shardul Amarchand Mangaldas & Co
The recent change in leadership at Infosys has thrown up interesting questions relating to the vigil mechanism in a listed company.
Krishnomics Legal
The present Government is focusing on increasing the tax base particularly after de-monetisation and introduction of Benami Transactions (Prohibition) Amendment Act, 2016.
Advaya Legal
The Guidelines provide draft clauses that have to be included in such contracts with cloud service providers.
Damania & Varaiya
Every Company shall disclose the details of Specified Bank Notes (SBN) held and transacted during the period from 8th November, 2016 to 30th December, 2016 under Notes to Accounts as per the format referred in notification.
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