The government has started relying on the professional and has given certain certification powers to the professionals who are being regulated by the professional Institutes.
The IBC,2016 is a comprehensive Code for dealing with insolvency of Corporates, Individuals and others
Corporate Compliance Calendar for the month of October, 2022
Fake Invoice refers to a 'Non-compliant GST Invoice'
Common Non-Compliances of Financial Reporting: Equity & Liabilities
The corporates are nowadays considered as Corporate Citizen and stakeholders expect them to follow rules, regulations and other social welfare statutes of the land same and applicable to the citizen of India. They are using resources such as human, economic, governmental, social and natural to earn profit.
To improve the financial reporting practices in the country, the ICAI has constituted Financial Reporting Review Board (FRRB)
As per Section 2(76) of CGST Act, 2017 Motor vehicle shall have the same meaning as assigned to it in clause (28) of section 2 of the Motor Vehicles Act, 1988.
As you are aware taxable event in GST is supply of goods or services or both. Various taxable events like manufacture, sale, rendering of service, purchase, entry into a territory of State etc. have been done away with in favour of just one taxable event i.e. supply.
When a company acquires shares or gets assent from not less than 90% of shareholders of the transferor company, then the transferee company has right to acquire the balance 10% shares from the shareholders those who dissent from the acquisition offer made by the transferee company.
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