Day: March 21, 2026
Even if, the assessee is engaged in the bogus purchases, the entire purchases cannot be disallowed – ITAT In a recent judgment, ITAT Guwahati has held that even if, the assessee is engaged in the bogus purchases, the entire purchases cannot be disallowed. ABCAUS Case Law Citation:5076 (2026) …
Order to stock broker through WhatsApp may be considered as legally verifiable record – SEBI SEBI in an informal guidance has stated that order to stock broker through WhatsApp from the registered mobile number of the clients may be considered as legally verifiable record. SEBI had issued circular …
ICAI Guidance Note on Audit of Banks 2026 Edition ICAI has issued 2025 edition of the Guidance Note on Audit of Banks. The revised 2026 edition incorporates the impact of the various circulars of the Reserve Bank of India as well as certain important advisories, pronouncements of the …
