Multiple Choice Questions on Engagement and Quality Control Standards-Publication by ICAI
Engagement and Quality Control Standards are to be followed by Chartered Accountants in auditing, review, assurance and related engagements.
The ICAI has released a publication titled as “Multiple Choice Questions (MCQs) on Engagement and Quality Control Standards”
The publication released by ICAI consists around 1200 MCQs on each of the 46 Engagement and Quality Control Standards issued till 1st July 2020.
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- Sales duly recorded in books & VAT returns, can’t be held bogus without cogent adverse material
- ITAT allows Diwali expenses incurred by assessee as business expenses
- Section 292BB does not bar assessee to raise objection for non issuance of notice u/s 143(2) – SC
- Supreme Court explains expression “reason to believe” & “change of opinion” in Income Tax Act 1961
- Omission of rule 96(10) of CGST Rules will be effective retrospectively from 23.10.2017
