Dissent Advisory course
Exposures andDisclosure
Put every exposure the diligence found on one register, quantify it by year and by Act, decide what to cure before signing, and draft the facts the disclosure letter stands on.
120 minutes core
You will be able to
- 01
Build an exposure register: identify, classify under AS 29, and quantify principal, interest and penalty with the limitation date.
- 02
Quantify GST, TDS and small enterprise exposures across the 1961 and 2025 Income-tax Acts, and state the contested readings as contested.
- 03
Test corporate and labour compliance in sequence: allotments, ESOP approvals, related party contracts, PF wages, gratuity and POSH.
- 04
Compare regularising before signing with disclosing, at the cost of each route and what it leaves behind.
- 05
Draft the factual base of the disclosure schedule against the warranty heads, and stop where counsel’s wording starts.
Five chapters.
One company throughout.
- I
Disclosed is priced, undisclosed is indemnified
Identify, classify, and quantify principal, interest and penalty.
- II
The return was filed, the credit was not earned
GST, TDS and small enterprise exposures by year and by Act.
- III
Approved on paper, compliant in sequence
Allotments, ESOPs, related parties, PF, gratuity, POSH and the labour codes.
- IV
Regularise before signing, or price it after
The routes, their cost, and what each leaves behind.
- V
Facts for the schedule, words for counsel
Warranty heads, specific disclosure and the analyst’s line.
Build alongside the course
The register the course builds: every finding with its principal, interest, penalty, class and limitation date, the tax exposures by year and Act, the corporate and labour exposures, the cost of regularising against disclosing, and the map to the warranty heads. Rebuild each chapter’s numbers alongside it, or give it to an AI tool with the specification on sheet 07_AI_Spec, then compare on 08_Answer_Check.
Download Excel workbook, 9 sheets, including a ReadMe →Straight answers.
- What is Exposures and Disclosure?
- It is a 120-minute course on building an exposure register and the factual base of a disclosure schedule: principal, interest, penalty, limitation, and whether to regularise or disclose.
- Who is it for?
- Analysts supporting a sell-side disclosure process and finance hires who must hand counsel a factual register, not a legal draft.
- How long does it take, and is there a certificate?
- About 120 minutes. A pass on the final assessment earns a Dissent Advisory certificate with prefix DA-EXPO.
- Does it cover Indian law?
- Yes. Exposures include income-tax, GST, corporate filings, labour, and the cost of regularising against disclosing, stated as the law stood on 25 September 2026. Counsel still settles the wording of the disclosure letter.
- Which pathway is this part of?
- It is D4 of Pathway D, Sell-Side Diligence. Completing it with the other three courses unlocks the pathway certificate DA-DILG.
Educational content only. Not a substitute for engagement-specific financial or legal advice.
Ready when you are.
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