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DIRECT TAX AUDIT
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...
Inside Zepto’s IPO filing — the key takeawaysQuick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics....
ICSI CS December 2026 Exam Timetable: Date-wise schedule for executive & professional programmes, exam timings, open-book papers and moreICSI CS December 2026 Exam Timetable: The Institute of Company Secretaries of India has announced the examination schedule for the CS Execu...
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
CBDT tells tax officers to tighten scrutiny of unexplained income, assetsThe Central Board of Direct Taxes has directed tax officers to be more careful and consistent when using rules against hidden income and as...
Oxyzo Financial Services FY26 net profit rises 11% to Rs 375 crore, on 23% revenue jumpThe profitable fintech lender is looking to widen its debt-market play through the acquisition of Rainmatter-backed GoldenPi Technologies, ...
Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...
Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
Did Trump's IRS settlement permanently shield his past tax matters? New clause sparks outrage- here's what the new clause isCritics are voicing concerns over a controversial clause in Donald Trump's recent IRS settlement. The agreement, which shields Trump, his f...
TCS salary hike: Employees say pay decreased as CEO K Krithivasan earned over ₹28 crore in FY26TCS Salary Hike News: TCS employees are reporting reduced monthly salaries despite annual increments following a recent appraisal cycle. Th...
Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
Sebi proposes allowing depositories to use part of IPF investment income for trust expensesAt present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeti...