Learning

Ashish M. Shaji

14 Aug, 2021

Fraud can be of 2 types- fraudulent financial reporting and misappropriation of assets. You may have also heard of the term fraud risk factors, which means...

Shreya Patel

20 Jul, 2023

Taxpayers must be cognizant of the repercussions of underreporting income or overstating deductions and exemptions when completing an income tax return. Ac...

Ashish M. Shaji

13 Aug, 2021

In a recent case, an assessee was issued show cause notice on 19th April 2021, giving him the opportunity to file a response by 21st April. The assessee re...

Soniya Khanna

06 Jul, 2023

As a new digital payment solution, e-rupi was launched recently. It is a cashless and a contactless instrument for digital payment. It has been launched wi...

Ashish M. Shaji

10 May, 2022

Under Section 147 of Income Tax Act, the Income Tax Department has the power to reassess previously filed income tax return of an individual. The Assessing...

Ashish M. Shaji

09 Jun, 2022

The Lok Sabha recently passed the Limited Liability Partnership (Amendment) Bill, 2021, with a view to encourage the start-up ecosystem and facilitate grea...

Akansha Gupta

24 Aug, 2021

Nowadays, mutual funds are amongst the most popular investing alternatives. A mutual fund is an investment mechanism formed when an asset management compan...

Ashish M. Shaji

10 Aug, 2021

The Companies Act, 2013 under Section 138, states that a class or classes of companies as prescribed would be required to appoint an internal auditor who w...