Monthly Archives: February 2018

Implementation Guide to Standard on Auditing (SA)701, Communicating Key Audit Matters in the Independent Auditor’s Report

The purpose of communicating key audit matters is to enhance the communicative value of the auditor’s report by providing greater transparency about the audit that was performed.

Posted in Audit & Assurance |

Filing GSTR-3B is now made more User friendly

Fill either CGST or SGST/UGST amount, other tax will get auto filled. You can now save the Form on confirming details filled in the Table. You can fill balance details later. Preview Form or download it for cross verifying saved … Continue reading

Posted in GST |

No Service Tax On Foc Material Supplied By Service Recipient For Construction: Rules Supreme Court

In a ruling in favor of the construction industry, a two-judge bench of the Supreme Court, held that service tax cannot be levied on the value of goods/material supplied free of cost by a service recipient during construction.

Posted in GST |

Substantial Amendments to Companies Act by Companies (Amendment) Act, 2017

Certain major changes have been brought in by the Companies Act through the Companies (Amendment) Act, 2017. These amendments will be effective from the dates notified for the same. Certain Rules have also been amended, effective from 26th Jan 2018.

Posted in Regulatory |