• SEBI

SEBI mandates email as default mode for Consolidated Account Statement

2 years ago

SEBI mandates email as default mode of dispatch for Consolidated Account Statement by Depositories, Mutual Fund etc. SEBI has mandated…

  • ICAI

ICAI bans four Chartered Accountants for professional misconduct

2 years ago

ICAI bans four Chartered Accountants for professional misconduct Notification No. PR/330/2019/DD/308/2019/DC/1501/2021 In terms of the provisions of Section 21B(3) of…

  • Prevention of Money Laundering Act 2002

Three CBI Courts designated as Special Courts under PMLA in West Bengal

2 years ago

Three CBI Courts designated as Special Courts under PMLA in the State of West Bengal MINISTRY OF FINANCE(Department of Revenue)NOTIFICATION…

  • Income Tax

Addition u/s 40A(3) for cash payment to labourers for loading charges deleted

2 years ago

Addition u/s 40A(3) for cash payment to labour for loading charges deleted by ITAT In a recent judgment, the ITAT…

  • Income Tax

Addition u/s 68 deleted as AO failed to find any discrepancy in details submitted

2 years ago

Addition u/s 68 deleted as AO failed to find any discrepancy in details of creditors submitted by the assessee In…

  • Empanelment

Jharkhand Rajya Gramin Bank-Empanelment of retired officers as Concurrent auditors

2 years ago

Jharkhand Rajya Gramin Bank - Empanelment of retired officers of banks as Concurrent auditors on contract basis Jharkhand Rajya Gramin…

  • Income Tax

Book Profit u/s 115JB can not be computed as per cash basis of accounting

2 years ago

Book Profit u/s 115JB to be computed as per Profit & Loss Account prepared under Schedule III of the Companies…

  • Income Tax

Order not in conformity of Faceless Assessment Scheme if not est? – ITAT remands case

2 years ago

Order not in conformity of Faceless Assessment Scheme 2019 if not est? - ITAT remands the case in view of…

  • Income Tax

Section 68 to 69B applicable only if assessee is required to maintain books of accounts

2 years ago

Provisions of section 68 to 69B applicable only if assessee is required to maintain books of accounts under provisions of…

  • Income Tax

When show cause notice proposed addition u/s 68, addition can not be made u/s 69A

2 years ago

When show cause notice proposed addition u/s 68 as unexplained cash credits, in assessment order addition can not be made…