The Central Board of Direct Taxes (CBDT) has issued a very important instruction (Instruction No. 15/2015, dated: October 16, 2015) on the procedure for transfer pricing assessments/audits for international transactions.

The Reserve Bank of India had notified that scheduled commercial banks (excluding Regional Rural Banks) shall follow the Indian Accounting Standards...

RBI vide circular No.109/22.10.106/2019-20 dated 13.03.2020 has notified the implementation of Indian Accounting Standards for NBFCs.

In this Lexpresso special, we decode the Companies (Indian Accounting Standards) Second Amendment Rules, 2025—a major shift for CFOs and finance leaders.

We are pleased to share with you the first video link of our web series #TaxMantra on the contemporary topic of "Denial of depreciation on goodwill - Beginning of a new saga!!" (Part-I).

The Ministry of Corporate Affairs (“MCA”), by way of notification dated 10.03.2026 published on 12.03.2026, has issued the Companies (Accounting Standards) Amendment Rules, 20261 (“Amendment Rules”) to amend the Companies (Accounting Standards) Rules, 2021 (“Principal Rules”).

Ind AS 11 Construction Contracts and Ind AS 18 Revenue is omitted.

Securities and Exchange Board of India vide circular dated May 14, 2025, has issued Composition of the Internal Audit team for CRAs.

100% Foreign Direct Investment (FDI) under the automatic route is permitted in townships, housing, built-up infrastructure and construction-development projects to create employment opportunities, generate economic activity and supplement available housing stock and built-up infrastructure, circumscribed by certain limitations in respect of the minimum area required to be developed in the case of serviced housing plots and construction development projects and capitalization for FDI by wholly ow

In light of Non-Banking Financial Companies (NBFCs) which are no longer engaged in the business of Non Banking Financial Institution (NBFI) continuing to hold the Certificate of Registration (CoR).

On 20th June 2025, UDIN Directorate of ICAI announced that the information regarding Auditor's Opinion, henceforth, would be required to be filled in, while generating UDIN...

Computation of profits and gains of business on presumptive basis.

India has implemented practices and reformed policies to improve the business climate for all investors.

Earlier this month, .India's Central Board of Direct Taxation (CBDT) had vide notification dated 18 December 2018 prescribed timelines with respect to the furnishing of Country-by-Country Reporting

SEBI, on July 18, 2019, has issued a consultation paper on Policy Proposals with respect to Resignation of Statutory Auditors from Listed Entities.

Please view this webinar from Aurtus Consulting LLP.

We conducted 209th webinar on "Industry Standards on Minimum Information to be Provided for Approval of RPT" on 21st February, 2025. Click here to view the recording...

Securities and Exchange of India vide circular dated June 26, 2025, has issued revised Industry Standards on minimum information to be provided to the Audit Committee...

The Supreme Court through its judgement dated 07.04.2026 in State Bank of India v Amit Iron Private Limited & Others held that there is no right for borrowers to seek personal hearing before classification as fraud, however furnishing Forensic Audit Reports is mandatory.