• Income Tax

Satisfaction of AO to incorrectness of claim an essential prerequisite for invoking section 14A

7 years ago

Satisfaction of AO as to incorrectness of claim of the assessee is an essential prerequisite for invoking the provisions of…

  • Income Tax

No coercive steps for recovery of disputed tax amount as the Tribunal were non functional

7 years ago

Income Tax Department prevented to take coercive steps for recovery of disputed tax amount as the Tribunal at Allahabad and…

  • Income Tax

High Court directed AO to decide objections before re-assessment as per law laid down by Supreme Court

7 years ago

AO directed to decide objections before making re-assessment as per law laid down by Supreme Court in the case of…

  • MSME

Central Govt. / PSU minimum MSME procurement limit increased to 25% with quota for women owned MSME

7 years ago

Central Govt. and PSU minimum procure limit from MSME increased to 25% in 3 years out of which 3 per…

  • GST

CBI arrested Assistant Commissioner of GST and a Chartered Accountant for alleged bribery

7 years ago

CBI arrested an Assistant Commissioner of GST and a Chartered Accountant for alleged criminal conspiracy involving bribery As reported in…

  • bankruptcy

Remuneration of part-time member of IBBI increased to Rs. 6000 for each meeting attended

7 years ago

Remuneration of part-time member of IBBI increased to Rs. 6000 from Rs. 1000/- for each meeting of the Board attended…

  • Income Tax

Reducing depreciation rate not debatable issue to invoke section 154 for rectification

7 years ago

Reducing depreciation rate not debatable issue to invoke section 154 for rectification. Error discovered from records constitute apparent error ABCAUS…

  • GST

Advisory to UIN Entities ( Consulates, Embassies and other UN Organizations) claiming GST Refunds

7 years ago

Advisory to UIN Entities claiming GST Refunds. Wrong reporting of invoice data in FORM GSTR-11 or statement of invoice may…

  • ICAI

Directions issued by Committee of experts on regulating Audit firms and Networks

7 years ago

Directions issued by Committee of experts on regulating Audit firms and the Networks as per its report submitted in pursuance…

  • ICAI

High Court directs ICAI to consider discontinuance of submission of election nomination forms in multiple

7 years ago

Provision for submission of ICAI election nomination forms in multiple not required. High Court directs ICAI to consider its discontinuance. Failure…