ICAI Educational Material on Indian Accounting Standard (Ind AS) 110, Consolidated Financial Statements ICAI has released Educational Material on Indian…
Penalty proceedings u/s 271D without recording satisfaction in the assessment order held to be illegal following Supreme Court judgment ABCAUS…
Addition u/s 69C for unexplained marriage expenses deleted by ITAT noting that in Indian society, family members contribute to wedding…
GST Council 32nd Meeting Recommendations. Earlier amendment acts/circulars effective from 01.02.2019 Last Date for passing GSTP exam extension Recommendations made by…
Major Decisions taken by the GST Council in its 32nd Meeting. Composition Scheme, one Annual Return, Higher Exemption, Free Accounting…
32nd GST Council Meeting - GST threshold exemption limit has been doubled to Rs 40 lakh from Rs 20 lakh. …
Restriction that Auditor can not be an accountant to value FMV u/s 56 as provided in Rule 11UA is well founded…
Customs Post Clearance Audit. Under the new scheme, Transaction based audit (TBA) and Premises based audit (PBA) have been prescribed…
Non-issue of Form 16 by employer-High Court asks Department to penalise defaulters u/s 405 of IPC and publish list of defaulters …
Settlement Commission order not perverse when every objection raised by the Commissioner, Income Tax as regarding non-disclosure by the assessee…