Student CA

Student CA

[V S Vadivel, Author. @vsvadivelfca]

While CAs can conduct tax audits under section 44AB of the Income-tax Act, 1961, the AO ultimately determines income "taxability" and expense "admissibility". In this scenario, a tax audit report does not replace assessment proceedings. Therefore, an assessee can challenge an auditor's opinion in the report, even if it is unfavorable, arguing it was unfounded or legally incorrect-Rajkot Engg. Association v. Union of India [1986] 162 ITR 28 (Raj.).

[Student CA @Student_CA24x7]

Curaçao is an island country in the southern Caribbean Sea, located 60 km north of Venezuela. It is a constituent country within the Kingdom of the Netherlands, consisting of the islands of Curaçao and Klein Curaçao, covering 171 square miles, with its capital at Willemstad.

[Student CA @Student_CA24x7]

Curacao has created history by qualifying for the 2026 Fédération Internationale de Football Association (FIFA) World Cup, becoming the smallest nation ever to reach the tournament with a population of about 1.56 lakh.

[Student CA @Student_CA24x7]

A drying climate in East Africa caused Lake Turkana’s water levels to drop, triggering earthquakes and volcanic activity beneath it.

[Student CA @Student_CA24x7]

Christmas Island lies about 360 km south of Java and 1,400 km northwest of mainland Australia. It is an external territory of Australia.

[Student CA @Student_CA24x7]

Krasheninnikov volcano erupted on 2 August 2025 in Eastern Kamchatka Peninsula, Russia. It was the first recorded eruption of the volcano in modern times. The eruption occurred three days after a nearby magnitude 8.8 earthquake.

[Student CA @Student_CA24x7]

Mount Cilo is the second-highest mountain in Turkey, reaching 4,135 meters at its summit called Reşko or Gelyaşin or Uludoruk.

[Student CA @Student_CA24x7]

Campi Flegrei is an active volcanic region in the densely populated Bay of Naples, Italy. It is a volcanic system, not a single volcano, spread across a large caldera. It is the largest active volcanic caldera in Europe, bigger and more active than Mount Vesuvius.

[Student CA @Student_CA24x7]

Coco Islands are a small group of islands located in the Bay of Bengal, under the Yangon Region, Myanmar. Great Coco Island, the largest, is located 55 km from India’s Andaman and Nicobar Islands.

[Student CA @Student_CA24x7]

Myanmar has assured India that there is no Chinese presence at the Coco Islands in the Bay of Bengal.

[Student CA @Student_CA24x7]

Machu Picchu is a 15th-century Inca site located 80 km northwest of Cuzco, Peru, in the Cordillera de Vilcabamba of the Andes Mountains.

[Student CA @Student_CA24x7]

Réunion Island is a French territory in the Western Indian Ocean.

[Student CA @Student_CA24x7]

The Pong Dam, also called the Beas Dam, recently saw water levels breaching the danger mark in Himachal Pradesh. It is an earth-fill embankment dam built on the Beas River in the Shivalik hills of Kangra district, Himachal Pradesh.