Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The MCA issued an amendment to the Companies (Cost Records and Audit) Rules, 2014, effective 14 July 2025. The amendment modifies forms CRA-2 and CRA-4 in the existing rules' Annexure, utilizing powers under sections 469(1), 469(2), and 148 of the Companies Act, 2013. The amendment introduces updated regulatory compliance requirements for cost records and audit documentation, signaling incremental administrative modifications to enhance corporate financial reporting standards. The notification was issued by the Joint Secretary and published as a statutory instrument with prospective implementation.
The MCA issued an amendment to the Companies (Cost Records and Audit) Rules, 2014, effective 14 July 2025. The amendment modifies forms CRA-2 and CRA-4 in the existing rules' Annexure, utilizing powers under sections 469(1), 469(2), and 148 of the Companies Act, 2013. The amendment introduces updated regulatory compliance requirements for cost records and audit documentation, signaling incremental administrative modifications to enhance corporate financial reporting standards. The notification was issued by the Joint Secretary and published as a statutory instrument with prospective implementation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
