• Income Tax

Expenses claimed in profit and loss account not amount to concealment-ITAT deletes penalty u/s 271(1)(c)

8 years ago

Expenses claimed in profit and loss account not amount to concealment. ITAT deletes penalty u/s 271(1)(c) following Supreme Court judgment  ABCAUS…

  • bankruptcy

Process to be followed for registration as Registered Valuer with IBBI

8 years ago

Process to be followed for registration as Registered Valuer with Insolvency and Bankruptcy Board (IBBI) of India under the Companies…

  • Income Tax

Rectification of wrong penalty section. Notice was not required as assesseee was aware of offence

8 years ago

For rectification of wrong penalty section no notice u/s 154(3) was required to assessee as he was aware of offence…

  • Income Tax

CBDT constitutes working group on High Net Worth Individuals for taxation purposes

8 years ago

CBDT constitutes working group on High Net Worth Individuals-HNWI. They may migrate to other countries and treat themselves non-residents for…

  • ICAI

ICAI FAQs on Ind AS-103-Business Combinations, Education Material by the Ind AS Implementation Group

8 years ago

ICAI FAQs on Ind AS-103-Business Combinations, Education Material by the Ind AS Implementation Group The Ind AS Implementation Group of…

  • GST

Taxpayers to be provided facility to complete filing TRAN-1 where it could not be filed due to IT glitches

8 years ago

Taxpayers to be provided facility to complete filing TRAN-1 where it could not be filed due to IT glitches at GST portal.…

  • ICSI

ICSI should keep uniformity in awarding the punishment for professional misconduct

8 years ago

ICSI should keep uniformity in awarding the punishment for professional misconduct in the interest of justice-Appellate Authority reduces punishment ABCAUS…

  • Companies Act

Companies exempted from the applicability of AS-22 and AS-12-MCA Notification

8 years ago

Companies exempted from the applicability  of AS-22 and AS-12-MCA Notification MCA Vide Notification No. S.O. 529(E) dated 5th February, 2018, had directed…

  • Income Tax

Verification of demonetized data till 30-06-2018-CBDT

8 years ago

Verification of demonetized data till 30-06-2018-CBDT. In its Central Action Plan (CAP) for the First Quarter i.e. (April, 2018 to…

  • Income Tax

CBDT entered into 14 Unilateral APA and 2 Bilateral APA during the month of March, 2018.

8 years ago

CBDT entered into 14 Unilateral APA and 2 Bilateral APA during the month of March, 2018. Total number of APAs…