Day: March 11, 2018
ICAI Guidance Note on Audit of Banks-2018 Edition The Auditing and Assurance Standards Board (AASB) of the ICAI has issued the Guidance Note on Audit of Banks 2018 edition. The Guidance Note on Audit of Banks which is issued by the AASB of ICAI every year is an …
Addition u/s 41(1) made on the ground of untraceable creditors-the liability had not ceased or any advantage was taken. High Court upheld deletion made by ITAT ABCAUS Case Law Citation: ABCAUS 2240 (2018) (03) HC The Revenue was aggrieved by the order of the Income Tax Appellate Tribunal …
Cenvat credit on inputs lost during storage upheld by High Court as the Revenue in a similar case was not successful before the Supreme Court ABCAUS Case Law Citation: ABCAUS 2239 (2018) (03) HC The Excise Department had preferred the instant appeal before the High Court under Section …