The Coronavirus disease (covid-19) has tumbled the economy and brought a state of global pandemic resulting in economy and financial crisis. The situation is like the great depression of 1930 and International Monetary Fund has observed the covid-19 pandemic...
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The Indian Constitution has given power to President of India to impose emergency in certain situations. The constitution also provided the situations in which emergency can be imposed. The Chapter XVIII (Article 360) of constitution deals with emergency situations...
Currently whole world is suffering from COVID 19 (Corona Virus Disease 2019) which is killing lives across the world. At a same time it has impacted Global Economy and pushed it into Recession mode. COVID 19 is Wuhan (Capital...
As per Section 145(2) of income Tax Act, government has the power to notify the income computation and disclosure standards. Such standard to be followed by certain class of assesses in respect of any class of income. These 10...
The Companies Act, 2013, requires auditors to frame an opinion on whether a company has “an adequate Internal Financial Controls (IFC) system in place and the effectiveness of such controls. It means apart from Normal Audit Report and CARO,...