Month: February 2020
ICAI Practitioner’s Guide to Audit of Small Entities (Revised 2020) Naturally speaking, audit of small entities is relatively easier than the audit of large entities. However, auditors has to understand and consider typical features associated with small entities. In small entities, generally there is lack of internal control, …
CA firms empanelment with NFRA as technical reviewers. Applications invited. Last date to apply is 23.03.2020 Invitation of applications from firms (partnership /limited liability partnership/proprietary concern) of practicing chartered accountants for empanelment as technical reviewers (TRs) with the national financial reporting authority (NFRA) Date of Advertisement publishing: 7th …
Common Application Form Classes of persons, forms, format and procedure for PAN Application for the Foreign Portfolio Investors (FPIs) in India F. .No. Pr. DGIT(S)/ADG(S)-1/FPI/04/2019-20/PartGovernment of IndiaMinistry of FinanceCentral Board of Direct TaxesDirectorate of Income-tax (Systems) Notification 11 of 2020 New Delhi, 7th of February, 2020; Subject: Procedure of …
Addition u/s 69 on the basis of unsigned receipts found during search deleted. Such unsigned receipts could not have been treated incriminating documents ABCAUS Case Law Citation:ABCAUS 3251 (2020) (02) ITAT In the instant case, the appellant assessee had challenged the order of the CIT(A) in confirming the …
No penal action on filing of belated GSTR-9/GSTR-9C returns-SC declines to interfere Rajasthan High Court Judgment In a recent judgment, Hon’ble the Rajasthan High Court had directed the GST authorities to accept the filing of GSTR-9 and GSTR-9C from the Petitioner namely Tax Bar Association till February 12th …
Internship Programme 2020 in DGFT Delhi for Young Professionals. Last Date to Apply – 01.03.2020. Essential Qualification and Terms & Conditions Advertisement for Engagement of Young Professionals in Directorate General of Foreign Trade, Department of Commerce, New Delhi DGFT, New Delhi is inviting online applications from young …
TDS deposited before filing ITR is allowable u/s 43B despite assessee following cash method of accounting ABCAUS Case Law Citation:ABCAUS 3249 (2020) (02) ITAT Important case law relied upon by the parties:Associated Law Advisers Vs. ACITCommissioner of Income Tax XIII Vs. Naresh KumarCommissioner of Income Tax Vs. Rajinder …
Car depreciation & insurance allowable irrespective of any personal use by the assessee ABCAUS Case Law Citation:ABCAUS 3248 (2020) (02) ITAT In the instant case, appeal had been preferred by the assessee against the order of the Commissioner of Income Tax (Appeals) in inter alia confirming the addition …
Restructuring of advances for Projects under Implementation without being classified as NPA. RBI amends Prudential Norms on Asset Classification RBI in order to harmonise the guidelines for deferment of date of commencement of commercial operations for projects in non-infrastructure and commercial real estate sectors, revised the guidelines for …
Additional GST / District level details in be under Shipping Bill (Electronic Integrated Declaration and Paperless Processing) Regulations 2019 Circular No.09/2020-Customs F. No.450/108/2017(Pt)-Cus IVGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs)***** Room No.229A, North Block, New Delhi.New Delhi, dated the 5th of February, …
