Day: September 13, 2022
CBDT issues Additional Guidelines on applicability of TDS under section 194R – CBDT Circular Additional Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961. CBDT has issued Circular No 18 of 2022 dated 13th September, 2022 Finance …
When appeal is pending before CIT(A), revisionary jurisdiction u/s 263 can not be exercised – ITAT ABCAUS Case Law CitationABCAUS 3612 (2022) (09) ITAT Important Case Laws relied upon by parties Smt. Renuka Philip vs. ITO 409 ITR 567 (Mad)CIT vs. Vam Resorts and Hotels Pvt. Ltd. 418 …
Mandatory evaluation of the Audit Quality Maturity of the firms using Revised Audit Quality Maturity Model (AQMM Rev v1.0) – ICAI Announcement According to latest ICAI Announcement, w.e.f. 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatorily required to undertake an evaluation …
Income Tax appeals cannot be proceeded with during the continuance of the proceedings under IBC ABCAUS Case Law CitationABCAUS 3611 (2022) (09) ITAT Important Case Laws relied upon by parties Ghanashyam Mishra And Sons vs Edelweiss Asset Reconstruction (2021) 126 taxmann.com 132 (SC)Mahavir Roads & Infrastructure Pvt. Ltd., …