Management Behaviour in Due Diligence: How Trust and Transparency Affect Valuation The numbers supported a higher valuation, but the deal was still renegotiated. Growth was consistent, margins were strong and the financials were clean. Yet answers to key questions arrived late, impo... Corporate Governance Due Diligence Financial Due Diligence M&A 31-Oct-2026 Due Diligence
Business Expense Disallowance in Income Tax: Why Paying for It Is Not Enough The invoice is in the file, the payment has gone out and the entry is in the ledger. Yet at assessment, a significant part of the expense is added back to income. This happens because the tax law asks... Direct Tax Income Tax Internal Controls Tax Assessment 31-Oct-2026 Income Tax
AIF Marketing Rules: Private Placement, PPM Consistency and What Managers Cannot Say A fund manager finishes a polished investor deck, posts a short teaser on a professional networking site and forwards the deck to a few hundred contacts ‘just to build awareness’. Each step feels like... AIF Fund Compliance Investor Protection SEBI 31-Oct-2026 AIF & Fund Regulation
Inventory Internal Audit: Slow-Moving Stock, Ageing Analysis and Blocked Working Capital The balance sheet looked strong. Closing stock was growing, gross margins were healthy and the stock statement matched the books. Yet the finance team was always short of cash and the bank limit was f... Companies Act Corporate Governance Internal Audit Internal Controls 31-Oct-2026 Internal Audit & Governance
Earnings Manipulation and Weak Governance: Warning Signs Behind Strong Reported Profits Revenue was growing, margins were steady and cash flow looked adequate. On the numbers, it was a well-run business. Then an internal audit observation changed the picture: key controls were being bypa... Audit Committee Corporate Governance Internal Audit Internal Controls 31-Oct-2026 Internal Audit & Governance
Carry Forward of Losses: Why a Late Return or Weak Disclosure Can Cost You the Loss A trading company closes the year with a genuine business loss of ₹40 lakh. The books are clean and the loss is properly computed. The return, however, is filed three weeks after the due date because ... Direct Tax Income Tax Tax Assessment Tax Notice 31-Oct-2026 Income Tax
Common Due Diligence Mistakes Investors Make, and How to Avoid Them Most investment mistakes do not happen because the business was bad. They happen because the right questions were never asked. A data room is opened, the financials are ticked against audited accounts... Due Diligence Financial Due Diligence M&A Quality of Earnings 31-Oct-2026 Due Diligence
Revenue Leakage Controls: How Internal Audit Finds Losses in Credit Notes and Pricing In the books, everything matched. Sales were invoiced, customers paid and the monthly MIS was on time. Yet an internal audit review found a pattern no single report showed: frequent credit notes, late... Corporate Governance Internal Audit Internal Controls 31-Oct-2026 Internal Audit & Governance
Capital Gains Tax Calculation in India: Why Your Profit Is Not Your Taxable Gain You sold a flat for ₹1 crore that you bought for ₹40 lakh, so the gain is ₹60 lakh. That is how most people think about it, and it is often wrong in both directions. The tax law asks what you sold, ho... Capital Gains Direct Tax Income Tax Tax Planning 31-Oct-2026 Income Tax
Budgetary Control and Variance Analysis: How Internal Audit Makes Budgets and MIS Useful The annual budget was detailed, well-formatted and approved by the board in April. By October nobody had opened it. Costs had moved, a large customer had slowed orders and two departments had overspen... Budgeting Corporate Governance Internal Audit Internal Controls 31-Oct-2026 Internal Audit & Governance
Clean Financials Are Not Low Risk: What Due Diligence Finds That an Audit Does Not The statements look perfect: five years of growth, healthy margins and audit reports without a single qualification. Then one question during due diligence - how much of this revenue depends on two cu... Corporate Governance Due Diligence Financial Due Diligence Quality of Earnings 31-Oct-2026 Due Diligence
Bank Interest Income in AIS: Why Small Unreported Interest Leads to Tax Notices A salaried professional files her return carefully, reports her salary and rental income, and forgets about ₹38,000 of interest spread across a savings account, two fixed deposits and a recurring depo... AIS Direct Tax Income Tax Tax Notice 31-Oct-2026 Income Tax