• CA CS CMA

Ignoring new reporting requirements of Form 3CD was misconduct by Chartered Accountant

7 years ago

Ignoring new reporting requirements of Form 3CD was misconduct by the CA being grossly negligence in the conduct of his…

  • Income Tax

Non furnishing information on apprehension of witch hunting and political misuse. ITAT upheld penalty

7 years ago

Non furnishing information on apprehension of political misuse. ITAT upheld penalty u/s 272A(1)(c) for non compliance to summons 131(1A) which…

  • Income Tax

No change of opinion when there was no earlier scrutiny assessment-High Court

7 years ago

No change of opinion when there was no earlier scrutiny assessment, therefore, the reopening of assessment was not bad in…

  • bankruptcy

Insolvency Professional Entity to inform IBBI of cessation/joining of an IP as its Director/Partner

7 years ago

Insolvency Professional Entity to inform IBBI of cessation/joining of Insolvency Professional as its Director / Partner else face action  Insolvency…

  • Income Tax

Special audit 142(2A) period is excluded from limitation period by clause (iv) to Explanation-1 of Section 153(1)

7 years ago

Special audit 142(2A) period is excluded from limitation period in terms of clause (iv) to Explanation 1 of section 153(1).…

  • Income Tax

22 Transfers postings (Local Change) in the grade of Pr. CCIT/Pr. DGIT/CCIT/DG of Income-tax

7 years ago

22 Transfers postings (Local Change) in the grade of Pr. CCIT/Pr. DGIT/Chief Commissioners of Income-tax/Director Generals of Income-tax F.No. A-32011/1/2018-Ad…

  • Income Tax

Additional Charges in the grade of CCIT, Chennai, Madurai, Kolkata

7 years ago

Additional Charges in the grade of CCIT, Chennai, Madurai, Kolkata F.No.  A-22011/2/2018-Ad.VI-(Part) Government of India Ministry of Finance Department of…

  • ICAI

SBN disclosure requirement not applicable to Financial Year 2017-18 and onwards – ICAI

7 years ago

SBN disclosure requirement not applicable to Financial Year 2017-18 and onwards in both Notes to Account and the Audit Report.…

  • Income Tax

Determination of fair market value for inventory of immovable property, jewellery etc. Rule 11UAB

7 years ago

Rule 11UAB-Determination of fair market value for inventory of immovable property, jewellery, paintings, sculptures, work of art, shares securities etc.…

  • Income Tax

Amendments in PAN Rule, New Application Forms 49A 49AA – Read CBDT Draft Notification

7 years ago

Amendments in PAN Rule 114 and new application Forms 49A and Form 49AA making PAN compulsory for transactions of Rs.…