Day: February 19, 2018
Bank not to refuse acceptance of coins or small denomination notes-RBI Instruction to all banks Reserve Bank of India (RBI) in its latest directive has instructed that none of the bank branches should refuse to accept small denomination notes and/or coins tendered at their counters by the account …
Govt. denies news that Income Tax Department has estimated more than $3 billion loss to Indian Banks due to PNB fraud Finance Ministry has denied the news appearing in certain section of media that Tax Department has estimated that Indian banks could take a hit of more than …
Transfers-postings in the grade of Commissioner of Income Tax (CIT) Central Board of Direct Taxes (CBDT) has issued order making the following transfers/postings in the grade of Commissioner of Income Tax (CIT). Civil Code Name Current Post/Stattion New Post & Station 90074 Aparna Mittal CIT (OSD), Ahmedabad CIT(DR)(ITAT)-1, …
Excessive expenses on Magazine and Journals by 5-Star hotel. High Court remands the issue to Tribunal for fresh findings on nature of publications, their use per rooms etc. ABCAUS Case Law Citation: ABCAUS 2210 (2018) (02) HC The Challenge/Grievance: The present judgment involves the appeal filed by the …
Implementation Guide to Standard on Auditing (SA) 701-Communicating Key Audit Matters in the Independent Auditor’s Report The Auditing and Assurance Standards Board of The Institute of Chartered Accountants of India (ICAI) has brought out an Implementation Guide to Standard on Auditing (SA) 701-Communicating Key Audit Matters in the …