https://www.taxtmi.com/notifications?id=23993 The Order amends auditor reporting obligations by setting quantitative thresholds for private company exemptions; omitting specified clauses in paragraph 2; and revising paragraph 4 to require auditors to disclose detailed information on loans to and from parties in the register under section 301, assess whether loan terms are prima facie prejudicial, report on repayment regularity and recovery steps for overdue amounts, evaluate adequacy of internal controls for purchases, sales and fixed assets, confirm register entries and market reasonableness of related party transactions, broaden referenced statutory forums, and expand tax dispute disclosure requirements. en-us Thu, 25 Nov 2004 00:00:00 +0530 Fri, 24 Jun 2011 19:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23993 The Order amends auditor reporting obligations by setting quantitative thresholds for private company exemptions; omitting specified clauses in paragraph 2; and revising paragraph 4 to require auditors to disclose detailed information on loans to and from parties in the register under section 301, assess whether loan terms are prima facie prejudicial, report on repayment regularity and recovery steps for overdue amounts, evaluate adequacy of internal controls for purchases, sales and fixed assets, confirm register entries and market reasonableness of related party transactions, broaden referenced statutory forums, and expand tax dispute disclosure requirements. Notifications Companies Law Thu, 25 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23993