Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
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Members of the Institute of Cost Accountants of India are now expressly recognised as eligible to conduct the annual audit of research analysts and research entities for compliance with the SEBI (Research Analysts) Regulations, 2014 and related circulars. The revised audit requirement allows such audits to be carried out by members of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India, or the Institute of Cost Accountants of India within six months from the end of each financial year, with the compliance audit report to be submitted within one month of the report date and no later than 31 October. The entity must also publish the audit status, adverse findings, and action taken on its website and provide the report to clients.
Members of the Institute of Cost Accountants of India are now expressly recognised as eligible to conduct the annual audit of research analysts and research entities for compliance with the SEBI (Research Analysts) Regulations, 2014 and related circulars. The revised audit requirement allows such audits to be carried out by members of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India, or the Institute of Cost Accountants of India within six months from the end of each financial year, with the compliance audit report to be submitted within one month of the report date and no later than 31 October. The entity must also publish the audit status, adverse findings, and action taken on its website and provide the report to clients.
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