• Income Tax

CBDT specifies cases to be contested on merits notwithstanding tax effect as per CBDT Circular No. 3/2018

6 years ago

CBDT specifies cases to be contested on merits notwithstanding tax effect as per CBDT Circular No. 3/2018 increasing threshold monetary…

  • ICAI

Extension of Last Date of Multipurpose Empanelment Form for the Year 2018-19 to 05.09.2018

6 years ago

Extension of Last Date of Multipurpose Empanelment Form for the Year 2018-19 In view of flood in Kerala, approaching last dates of…

  • Income Tax

Valuation of inventory from tag price during survey u/s 133A-ITAT deletes addition for adopting incorrect procedure

6 years ago

Procedure for valuation of inventory from tag price during survey u/s 133A-Cost price has to be determined and due deduction…

  • ICAI

ICAI ties up with tax portals to provide access to their website contents at concessional price

6 years ago

ICAI ties up with tax portals to provide access to their website contents at concessional price to its members. Comparison…

  • ICAI

ICAI Advanced ICITSS-Advanced IT Test scheduled on 19.08.2018 in Kerala cancelled due to floods

6 years ago

ICAI Advanced ICITSS - Advanced IT Test scheduled on 19.08.2018 in Kerala cancelled due to heavy rains / floods and…

  • Income Tax

Payments made by University to affiliated colleges for conducting examinations was not fee for technical services – ITAT

6 years ago

Payments made by University to affiliated colleges for conducting examinations in different centres were reimbursement and not fee for technical…

  • Income Tax

Jurisdiction cannot be challenged after expiry of time limit prescribed u/s 124(3)-ITAT

6 years ago

The jurisdiction cannot be challenged after expiry of time limit prescribed u/s 124(3). The challenge to jurisdiction is different from…

  • Income Tax

AO was not justified in applying accounting method followed by a different assessee – ITAT

6 years ago

AO was not justified in applying accounting method followed by a different assessee and rejecting Percentage of completion method consistently…

  • ICAI

Educational Material on Ind AS-115, Revenue from Contracts with Customers. Summary with FAQ by ICAI

6 years ago

Educational Material on Indian Accounting Standard (Ind AS) 115, Revenue from Contracts with Customers ICAI Announcement The objective of Ind…

  • GST

Utilization of Electronic Cash and Input Tax Credit (ITC) Ledger – FAQ

6 years ago

Utilization of Electronic Cash and Input Tax Credit (ITC) Ledger - FAQ. Rules and Principles for utilization of Electronic Cash…