Mandatory use of accounting software having ‘audit trail’ feature

The Ministry of Corporate Affairs (MCA) recently issued a notification regarding the enforcement of Gazette Notification No. GSR 205 (E) dated 24th March 2021 – Amendment to Rule 3(1) of Companies (Accounts) Rules 2014 which attempts to induce a multitude of improvements and enhancements in the system businesses function in India. The following sections of […]