Day: January 16, 2025
Re-opening u/s 148 on incorrect facts assuming that assessee does not have PAN and he did not file any of his return quashed as invalid In a recent judgment, ITAT Delhi has held that AO had invoked jurisdiction for reopening assessment u/s 147/148 on basis of incorrect facts …
CENVAT Credit can not be denied on the ground that input was not liable to excise duty when the supplier wrongly paid the duty In a recent judgment, Bombay High Court has held that CENVAT Credit can not be denied on the ground that such input was not …
Banks to specify number of times a borrower may be allowed to switch over from floating interest rate loan to a fixed interest rate loan and vice versa – RBI issues FAQs RBI, vide Circular dated 18.08.2023, had issued guidelines for “Reset of Floating Interest Rate on Equated …
Aligarh Jila Sahkari Bank Ltd invites application for Concurrent Audit for FY 2024-25 Aligarh District Cooperative Bank Ltd. has invited application from Chartered Accountants Firms for Concurrent Audit for FY 2024-25 of its Head Office and 19 branches The application for empanelment is to be uploaded on Government …