• ICAI

UDIN not mandatory for Statutory Bank Audit, but must for all Certificates to be signed – ICAI FAQ

7 years ago

UDIN not mandatory for Statutory Bank Audit. However, for all Certificates to be signed while conducting Bank Audit, generation of…

  • SEBI

Change in formats for limited review reports/audit reports of listed entities

7 years ago

Change in the formats for limited review reports and audit reports of the listed entity and those entities whose accounts…

  • Law and Justice

Appointment of independent arbitrator by HC overlooking the contract procedure quashed by SC

7 years ago

High Court was not justified in appointing independent arbitrator without resorting to procedure for appointment of  arbitrator under the contract as agreed by the parties.- SC ABCAUS Case Law Citation:ABCAUS 2851 (2019)…

  • Income Tax

Make My Trip was not liable to deduct TDS on payment gateway charges paid to Banks – HC

7 years ago

Make My Trip was not liable to deduct TDS on gateway charges payments to Banks – High Court upheld ITAT…

  • Income Tax

Income Tax Offices throughout India to remain open on 30th and 31st March, 2019

7 years ago

Income Tax Offices throughout India (including the ASK Centres) shall remain open on 30th and 31st March, 2019 during normal…

  • Income Tax

Share application money in excess of authorized capital a valid reasons to issue reassessment notice

7 years ago

Share application money received vastly in excess of the authorized capital was valid reasons to issue reassessment notice u/s 148…

  • Sales Tax

“Total turnover” under KST Act not refer to taxable  turnover for levy of turnover tax – SC

7 years ago

Total turnover u/s 6B(1) of Karnataka Sales Tax Act does not mean taxable turnover for levy of turnover tax – Supreme Court ABCAUS Case Law Citation:ABCAUS…

  • GST

Refund of accumulated ITC on account of ITS for periods of reversal required to be lapsed – CBIC

7 years ago

Refund of accumulated ITC on account of inverted tax structure, for periods in which there is reversal required to be…

  • GST

Verification of applications for grant of new GST registration-CBIC Instruction

7 years ago

Verification of applications for grant of new GST registration-CBIC Instruction to ensure uniformity in implementation of provisions.  Circular No. 95/14/2019-GST…

  • GST

Extension of due date for filing Form GST ITC-04 for period July 2017 to March 2019 till 30.06.2019 

7 years ago

Extension of due date for furnishing of FORM GST ITC-04 for the period July 2017 to March 2019 till 30th…