• ICAI

ICAI FAQ on Insolvency and Bankruptcy Code 2016. Revised January 2022 Edition

4 years ago

ICAI FAQ on Insolvency and Bankruptcy Code 2016.Revised January 2022 Edition ICAI FAQ on Insolvency and Bankruptcy Code 2016 The…

  • Income Tax

No addition u/s 68 for unsecured loan taken without payment of interest

4 years ago

No addition u/s 68 for unsecured loan taken without payment of interest where assessee furnished name, address, PAN and transaction…

  • Income Tax

CBDT clarifies MFN clause in India’s DTAAs Protocol with certain countries

4 years ago

  CBDT issues Clarification regarding the Most-Favoured-Nation (MFN) clause in the Protocol to India's DTAAs with certain countries   F.No.S03/1/2021-FT&TR-I…

  • SEBI

SEBI issues Guidelines on Accounting as per IND AS of Mutual Funds Schemes

4 years ago

SEBI issues Guidelines on Accounting as per IND AS of Mutual Funds Schemes SEBI vide notification dated January 25, 2022…

  • ICAI

ICAI bans four chartered accountants for committing professional misconduct

4 years ago

ICAI bans four chartered accountants for professional  misconduct ICAI has banned four chartered accountants for committing professional misconduct. The summary…

  • Income Tax

Reasons to believe escapement of income should be for the same assessment Year not earlier

4 years ago

Reasons to believe escapement of income should be for the same assessment Year. Reasons recorded for earlier years can not…

  • Income Tax

Cash deposits by CA stated to be trading income added as ICAI does not allow such activity

4 years ago

Cash deposits by CA stated to be trading income added as unexplained income u/s 68 as ICAI does not allow…

  • Excise/Custom

Applicability of Social Welfare Surcharge on goods exempted from basic/other customs duties/cesses

4 years ago

  Clarification regarding applicability of Social Welfare Surcharge on goods exempted from basic and other customs duties/cesses Circular No. 3/2022-Customs…

  • MCA

Anuradha Guru, Economic Adviser, MCA appointed as ex-officio member in IBBI

4 years ago

Anuradha Guru, Economic Adviser, Ministry of Corporate Affairs appointed as ex-officio member in the Insolvency and Bankruptcy Board of India…

  • Income Tax

Penalty for passing on unreasonable benefits to specified persons of charitable Institutions

4 years ago

Penalty for passing on unreasonable benefits to trustee or specified persons of charitable Institutions - New Section 271AAE introduced by…