When Does a Tax Audit Become Mandatory? Not every taxpayer needs a tax audit. But once your turnover or income crosses certain limits, it becomes compulsory under the Income Tax… Read More
CBDT Guidance for AO on Verification of Expenses in Entertainment Sector Following the Comptroller and Auditor General Performance Audit Report No. 1 of 2019, CBDT observed inconsistencies in how Assessing… Read More
Loan Against Shares Interest Rates Explained: What Investors Should Know In India’s dynamic financial market, investors often look for flexible funding options that allow them to unlock the value of… Read More
Why and How to Avoid Useless Expenses This Diwali – A Nature Lover’s Perspective October 2025 Diwali, the festival of lights, is a time for joy, togetherness, and celebration. But… Read More
How to manage repayments effectively on a personal loan of three lakhs Taking a Rs. 3 lakh personal loan can be a great way to meet short-term financial needs such… Read More
Procedure of Member’s Voluntary Winding Up under the Companies Act, 1956 A Members’ Voluntary Winding Up is a mode of voluntary liquidation initiated by the members (shareholders) of a solvent… Read More
Top 10 Financial Transactions That Can Trigger Income Tax Scrutiny : The Income Tax Department keeps a close watch on high-value financial transactions. Many individuals and professionals may not realize… Read More
Overview of the Internal Audit Iceberg Concept Apache Iceberg introduces a powerful feature called Integrated Audits, which allows organizations to validate data before publishing it to production, ensuring high data… Read More
Anti-Money Laundering (AML) and Sanctions Compliance Framewor Anti-Money Laundering (AML) Compliance : Anti-Money Laundering regulations are designed to prevent the concealment and movement of illicit funds through legitimate financial channels.… Read More
Simplified GST Registration Scheme for small and low-risk businesses in India, A new optional scheme approved by the GST Council on 3 September 2025 to simplify GST registration for “small… Read More