Order passed by AO before expiry of the date of hearing fixed was in violation of natural justice

Author: | Categories: High Courts, Income Tax, Judgments No comments | 38 views
Order passed by AO before expiry of the date of hearing fixed was in violation of the principles of natural justice and cannot stand to the test of law-High Court ABCAUS Case Law Citation: ABCAUS 2146 (2017) (12) HC The Challenge/Grievance: The petitioner was aggrieved by the impugned order passed by the Assessing Officer (AO) […]

 

ICAI Exposure Draft Guidance Note on Audit of Banks-2018 Edition

Author: | Categories: ICAI No comments | 35 views
ICAI has invited comments on the Exposure Draft on Guidance Note on Audit of Banks-2018 Editions ICAI Exposure Draft Guidance Note on Audit of Banks-2018 Edition ICAI has invited comments on the Exposure Draft on Guidance Note on Audit of Banks-2018 Editions. According to the announcement, to be purposeful, comments should indicate the specific paragraph(s) […]

 

Defective returns selected under CASS Scrutiny-AO to pass assessment order u/s 144 if defects are not removed

Author: | Categories: Income Tax No comments | 132 views
Defective returns selected under CASS Scrutiny if defects are not removed AO to pass assessment order u/s 144 as if no return was filed by the assesse DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi -110055 F.No. System/ITBA/CASSlDefective returns/17 -18/ Dated : 12.12.2017 To, The Assessing Officers concerned Sir/Madam, […]

 

IBBI Guidelines for Technical Standards for Core Services

Author: | Categories: bankruptcy No comments | 50 views
IBBI Guidelines for Technical Standards for Core Services  Press Information Bureau  Government of India Ministry of Corporate Affairs 14-December-2017 11:39 IST Insolvency and Bankruptcy Board of India issues Guidelines for Technical Standards for Core Services  Based on recommendations of the Technical Committee, the Insolvency and Bankruptcy Board of India (IBBI) has laid down the Technical […]

 

Extension of due date of deposit of TDS-TCS for the month of October 2017 by one day

Author: | Categories: Due Date Extension, Income Tax No comments | 306 views
Extension of due date of deposit of TDS-TCS for the month of October 2017 by one day F.No.275/38/2017 -IT(B) GOVERNMENT OF INDIA MINISTRY  OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES N0rth Block, New Delhi 13th December, 2017 ORDER UNDER SECTION 119 OF THE INCOME-TAX A CT, 1961 Due to certain technical issues […]

 

ICAI Revised Minimum Recommended Scale of Fees for CA in respect to the Professional Assignments

Author: | Categories: ICAI No comments | 340 views
ICAI Revised Minimum Recommended Scale of Fees for CA in respect to the Professional Assignments done by them under thirteen categories ICAI Revised Minimum Recommended Scale of Fees for CA  The Committee for Capacity Building of Members in Practice (CCBMP) of ICAI has further revised the prescribed Minimum Recommended Scale of Fees for the professional […]

 

Deadline of PAN-Aadhaar reporting to bank Extended to 31-03-2018

Deadline of pan-aadhaar reporting to bank Extended to 31-03-2018. Earlier by notification dated 12-12-2017 the date was postponed indefinitely  Press Information Bureau  Government of India Ministry of Finance 13-December-2017 17:15 IST Extension of deadline till 31.3.18 for submission of Aadhaar number, and Permanent Account Number or Form 60 by client to the reporting entity  After […]