SDMA Consultants Pvt Ltd

SDMA Consultants Pvt Ltd Systematically Deciphering Business Management and Tax Compliance Advisory.

06/04/2023

Not just in India, but Amul is one of the Largest Dairy Companies in the World.

06/04/2023
27/03/2023

In the Union Budget for 2023-24, the government expanded the scope of full rebate on income tax under the new tax regime to an annual taxable income of Rs 7 lakh from Rs 5 lakh earlier. However, those earning even marginally higher than the threshold were required to pay tax on sub-Rs 7 lakh slabs as well. To provide relief to such taxpayers, the government has amended the Finance Bill, limiting the tax outgo to the incremental taxable income over Rs 7 lakh per year.

15/03/2023

Important accounting and audit trail requirements from 01.04.2023

As per Ministry of Corporate Affairs (MCA) notifications No. G.S.R. 205(E) dated 24.03.2021, G.S.R. 247(E) dated 01.04.2021 & G.S.R. 235(E) dated 31.03.2022 (Copy of Notifications attached) states that every company which uses accounting software for maintaining its books of account, shall use only such accounting software which has a feature of recording audit trail of each and every transaction, creating an edit log of each change made in books of account along with the date when such changes were made and ensuring that the audit trail cannot be disabled

Comment: such trail shall include deleted transactions trail also plus as auditors we need to amend audit programs and internal control checks suitably and if any deviation found then it needs to be reported in our reporting too.

kindly check accounting software having all above features w.e.f. 1st April, 2023

05/06/2021

Address

Evershine City
Vasai
401208

Opening Hours

Monday 10am - 7pm
Tuesday 10am - 7pm
Wednesday 10am - 7pm
Thursday 10am - 7pm
Friday 10am - 7pm
Saturday 10am - 7pm

Alerts

Be the first to know and let us send you an email when SDMA Consultants Pvt Ltd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share