Depreciation on goodwill and non compete fee allowed by the Tribunal in view of the binding judgment of Hon’ble Supreme Court and jurisdictional High Court ABCAUS Case Law Citation: ABCAUS 2953 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties CIT Vs. Smifs Securities Ltd., …
Indian Bank Empanelment of Concurrent and Stock Auditors for 2019-20. Last date to apply is 07-06-2019 Indian Bank invites applications in the prescribed format only from the practicing firms of Chartered Accountants of India, who are willing to have their firm empanelled as Concurrent Auditor & Stock Auditor …
Reopening u/s 148 for mere non disclosure of bank account in ITR without forming belief that income has escaped assessment, bad in law ABCAUS Case Law Citation: ABCAUS 2952 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties G.K. N. Driveshafts (India) Ltd. vs. ITO (2003) …
Penalty 271A cannot be sustained when assessee was not covered under Rule 6F assessee furnished adequate information to enable AO to compute income ABCAUS Case Law Citation: ABCAUS 2951 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties Mehta Parvesh vs. ITO 60 TTJ (Del) 278 …
Applicability of section 115BBE to surrender made during survey is highly debatable. ITAT quashed rectification order imposing higher tax rate ABCAUS Case Law Citation: ABCAUS 2950 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties Shri Lovish Singhal, Sriganganagar & Ors. Vs. ITO CIT v/s Bajargan …
Amendment of Form No 10B of auditors report u/s 12A(b) for charitable institution CBDT issues draft notification proposing more comprehensive reporting both in audit report and in annexure of Statement of particulars F No 370142/6/2019-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes****** New Delhi, May …
Depreciation on goodwill and non compete fee allowed by the Tribunal in view of the binding judgment of Hon’ble Supreme Court and jurisdictional High Court ABCAUS Case Law Citation: ABCAUS 2953 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties CIT Vs. Smifs Securities Ltd., …
Reopening u/s 148 for mere non disclosure of bank account in ITR without forming belief that income has escaped assessment, bad in law ABCAUS Case Law Citation: ABCAUS 2952 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties G.K. N. Driveshafts (India) Ltd. vs. ITO (2003) …
Penalty 271A cannot be sustained when assessee was not covered under Rule 6F assessee furnished adequate information to enable AO to compute income ABCAUS Case Law Citation: ABCAUS 2951 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties Mehta Parvesh vs. ITO 60 TTJ (Del) 278 …
Guidelines for candidates of GSTP examination. Filling up application form, appearing in exam, prohibited items, use of unfair means, post-exam representation etc. Guidelines for the candidates appearing in the examination for confirmation of enrolment of GST Practitioners GUIDELINES FOR THE CANDIDATES Guidelines for computer based examination under regulation …
Input tax credit is admissible if consideration is paid through book adjustment. The GST Act and rules does not restrict the claiming of ITC when consideration is paid through book adjustment – AAR ABCAUS Case Law Citation:ABCAUS 2948 (2019) (05) AAR The Applicant was engaged in the manufacturing …
CBI arrested Inspector, E-way Bill Team for demanding /accepting bribe from complainant The Central Bureau of Investigation has arrested an Inspector, E-way Bill Team-II, Central GST, Noida (Uttar Pradesh) for demanding and accepting a bribe of Rs. 30,000/- from the complainant. A case was registered against the accused …
Directors of company required to file e-form ACTIVE. On failure their DIN shall be marked as “Director of ACTIVE non-compliant company” MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 16th May, 2019 G.S.R. 368(E).—In exercise of the powers conferred by the second proviso to sub-section (1), subsection (4), …
One time opportunity to file form ADT-1 filed through GNL-2 for appointment of auditor without payment of fee General Circular No. 06/2019 F. No. 01/22/2013-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor ‘A’ Wing Shastri Bhawan, Dr. R. O. Road, New Delhi Dated: 13.05.2019 All Regional …
MCA amends rules for approval of companies name for incorporation which are resembling, undesirable or word/expression requiring Govt. approval GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 10th May, 2019 G.S.R……… (E)._. In exercise of the powers conferred by sub-sections (1) and (2) of section …
Depreciation on goodwill and non compete fee allowed by the Tribunal in view of the binding judgment of Hon’ble Supreme Court and jurisdictional High Court ABCAUS Case Law Citation: ABCAUS 2953 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties CIT Vs. Smifs Securities Ltd., …
Reopening u/s 148 for mere non disclosure of bank account in ITR without forming belief that income has escaped assessment, bad in law ABCAUS Case Law Citation: ABCAUS 2952 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties G.K. N. Driveshafts (India) Ltd. vs. ITO (2003) …
Penalty 271A cannot be sustained when assessee was not covered under Rule 6F assessee furnished adequate information to enable AO to compute income ABCAUS Case Law Citation: ABCAUS 2951 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties Mehta Parvesh vs. ITO 60 TTJ (Del) 278 …
ICAI Ind AS-Disclosures Checklist for Accounting year 2018-19 (Revised May 2019) Ind AS-Disclosures Checklist by ICAI There are many disclosure requirements in Ind AS, the materiality governs deciding what information to disclose. ICAI had come out with a Publication on ‘Ind AS Disclosures Checklist’ in 2018 to provide …
ICAI issues 226 FAQs on The Banning of Unregulated Deposit Schemes Ordinance 2019. CAs not to act in violation of Sections 3, 4 5 and 6 of the Ordinance. The ‘Banning of Unregulated Deposit Schemes Ordinance 2019’ was necessitated by the difficulties faced in investigating of ponzi-schemes. The …
Appellate Authority reduced the period of name removal by one year of CA found guilty of misconduct considering age and fine ABCAUS Case Law Citation:ABCAUS 2909 (2019) (05) AA Disciplinary Committee of ICAI, in terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read …
ABCAUS Excel Depreciation Calculator FY 2018-19 under Companies Act 2013 as per Schedule-II Version 07.10 Dear Friends, The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in March, 2015. I am so glad to publish the much awaited utility today. The ABCAUS Depreciation calculator for …
Excel Challan 280 FY 2019-20 AY 2020-21 with database facility. Download ABCAUS Income Tax payment Challan No. ITNS 280 This excel Challan 280 for payment of Income Tax should be used for making payment of income tax on companies (corporation tax) or income tax other than companies. This challan …
Excel Income Tax TDS Challan ITNS-281 with database facility This excel based auto Challan ITNS 281 should be used for deposit of Tax Deducted at Source (TDS) on any heads of income or for deposit of Tax Collected at Source (TCS) by both companies (company deductees) or by …
Indian Bank Empanelment of Concurrent and Stock Auditors for 2019-20. Last date to apply is 07-06-2019 Indian Bank invites applications in the prescribed format only from the practicing firms of Chartered Accountants of India, who are willing to have their firm empanelled as Concurrent Auditor & Stock Auditor …
ICAI invites EOI form CA Firms for verification/reconciliation of TDS from FY 2005-06 to 2018-19 to know status of recoverability. Last date 16.05.2019 Notice Inviting Expression of Interest for engagement of Chartered Accountants Firms to carry out the verification/reconciliation of TDS receivable of the Institute of Chartered Accountants …
Change in date of nest exam for Advocates-on-Record. New dates are 10, 11, 12 & 13 June 2019 SUPREME COURT OF INDIA CORRIGENDUM TO THE NOTIFICATION F.No. AOR Exam/June/2019 DATED 1st APRIL, 2019 New Delhi, the 29th April, 2019 G.S.R. 338(E).—In the Notification F.No. AOR Exam/June/2019 dated 1st …
