• ICAI

ICAI Implementation Guide to Standard on Auditing (SA) 580 – Written Representations

3 years ago

ICAI has issued an Implementation Guide to Standard on Auditing (SA) 580 - Written Representations. The Implementation Guide provide practical…

  • Prevention of Money Laundering Act 2002

The Prevention of Money-laundering (Maintenance of Records) Amendment Rules 2023

3 years ago

The Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2023. Ministry of Finance has amended the the Prevention of Money-laundering…

  • RBI

RBI issues revised guidelines for appointment of Statutory Branch auditor of Public Sector Bank

3 years ago

Revised Guidelines for Appointment / Re-appointment of Statutory Branch Auditors of Public Sector Banks from Financial year 2022-2023 and onwards.…

  • GST

GSTN launches e-invoice registration services with four private IRPs

3 years ago

GSTN launches e-invoice registration services with private IRPs GSTN has launched the e-invoice registration services through multiple private IRPs at…

  • Income Tax

Accepting house property income as business income was fit case for revision u/s 263

3 years ago

Accepting rental income from commercial complex as business income instead of house property was erroneous and prejudicial to the interest…

  • Income Tax

ITAT slams appellant in filing multiple appeals as abuse of process of Court

3 years ago

ITAT slams appellant in filing multiple appeals as abuse of process of Court, against the principles of Res Judicata and…

  • GST

Detention order passed by UPGST authorities on wrong presumption quashed by High Court

3 years ago

High Court quashed detention order of UP GST Authorities on presumption that goods was brought into State by two different…

  • Income Tax

Sundry Creditors written off by debiting to software account was not income

3 years ago

Sundry Creditors written off by debiting to software account was not income as the software purchased was of no use…

  • Income Tax

Penalty u/s 271AAB deleted as assessee declared income on presumptive basis

3 years ago

Income Tax Penalty u/s 271AAB deleted as assessee was declaring income on presumptive basis, was not required to maintain books…

  • RBI

Remuneration of Bank Auditors of Nationalized banks revised from FY 2022-23

3 years ago

RBI has revised the remuneration payable to the Statutory Central and Branch Auditors of Nationalized banks effective from the FY…