• ICAI

ICAI Annual Membership Fee Payment and GST Credit-No invoice can be raised in partnership firms name

8 years ago

ICAI Annual Membership Fee Payment and GST Credit-ICAI can not raise invoice in partnership firms name. It can accept GSTIN…

  • Income Tax

Unspent amount of donations shown as current liabilities not income if received with stipulation to their use – HC

8 years ago

Unspent amount of donations shown as current liabilities not income if received with stipulation to their use by the Charitable…

  • Companies Act

Companies Accounting Standards Amendment Rules 2018. AS 11-Disposal of a Non-integral Foreign Operation

8 years ago

Companies Accounting Standards Amendment Rules 2018-AS-11. Disposal of a Non-integral Foreign Operation by repatriation of accumulated profits not form part of…

  • ICAI

ICAI bans CA guilty of professional misconduct, removes name from Register of Members for a year

8 years ago

ICAI bans CA guilty of professional misconduct, removes name from the Register of Members for one year for non exercising…

  • Supreme Court

NCLT has no power to direct deposit as precondition for hearing appeal-Supreme Court 

8 years ago

NCLT has no power to direct deposit as precondition for hearing appeal. No jurisdiction to dismiss appeal itself for failure…

  • Excise/Custom

Electronic sealing-deposit in and removal of goods from customs bonded Warehouses – Circular

8 years ago

Electronic sealing-deposit in and removal of goods from customs bonded Warehouses. Data elements and procedure to be used under Warehousing…

  • Income Tax

Date of transfer of immovable property is when sale deed is executed and not when recorded by Registrar

8 years ago

Date of transfer of immovable property is when sale deed is executed and not when it is recorded by the…

  • Income Tax

Orders u/s 234E not appealable before CIT-A. Order sent over email sufficient – ITAT

8 years ago

Orders u/s 234E not appealable before CIT(A). Department not obliged to serve the order separately upon the assessee when available…

  • Income Tax

Penalty u/s 271B treating cash deposits in bank as turnover u/s 44AB upheld by Tribunal

8 years ago

Penalty 271B treating cash deposits in bank as turnover u/s 44AB upheld by Tribunal when assessee could not explain source…

  • Income Tax

Disallowance 40(A)(3) for cash payment deleted when payee was new and refused cheque

8 years ago

Disallowance 40(A)(3) for cash payment deleted when payee was new. When genuiness of payment not doubted there was every possibility…