Courts held that audits exceeding prescribed timelines under GST law can invalidate subsequent proceedings. The ruling emphasizes strict adherence to statutory deadlines for audit ...
The article highlights that traditional GST audits fail to detect real-time discrepancies. Continuous audit models help ...
The Comptroller and Auditor General (CAG) on Thursday said that the Central Board of Indirect Taxes and Customs (CBIC) faces a sizeable staffing shortage in its audit formations, with 38 percent of ...
The Principal Director of Audit (Central), Chandigarh, has flagged major financial irregularities in the works executed by the office of the executive engineer, Electrical Division No. 3. The audit ...
The GST Council has slashed tax rates on household products such as chocolates, toothpaste, shampoo, etc, from 28% to 18% The audit will check whether the excess amount collected before rate reduction ...
Discover how Indian small and medium businesses can thrive in 2026 with automation, cost control, and a compliance-first ...
SRINAGAR: A performance audit by the Comptroller and Auditor General of India has revealed serious gaps in the implementation ...
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