• Income Tax

Diary also books of accounts us 44AA2. Section does not prescribe but only talks of accounts-documents which may enable AO to adduce true income-ITAT

10 years ago

Diary also books of accounts us 44AA. Section does not prescribe books for business but only talks of accounts-documents which…

  • ICAI

CA issuing fake certificate-invoice to bank guilty of misconduct. Bank on the strength of certificate-proforma invoice released loan fund-Delhi HC

10 years ago

CA issuing fake certificate-invoice to bank guilty of misconduct. Bank on the strength of false certificate and fake proforma invoice had…

  • Income Tax

CBDT notifies 7 Andhra Pradesh districts for tax incentives u/s 32(1)(iia) and section 32AD of the Income-tax Act

10 years ago

CBDT notifies 7 Andhra Pradesh districts for tax incentives u/s 32(1)(iia) and section 32AD  Under the Andhra Pradesh Re-organisation Act, 2014…

  • Small Savings Scheme

Small Savings Schemes Interest rates reduced for 3rd quarter FY 2016-17. KVP Maturity now in 112 Months against existing 110 Months

10 years ago

Small Savings Schemes Interest rates reduced for 3rd quarter FY 2016-17 F.No. 1/04/2016-NS .II Government of India Ministry of Finance…

  • Income Tax

Revised ICDS-V Tangible Fixed Assets applicable from FY 2016-17 AY 2017-18 Download CBDT Notification

10 years ago

Revised ICDS-V Tangible Fixed Assets applicable from FY 2016-17 AY 2017-18  CBDT has notified the revised income computation and disclosure standards…

  • Income Tax

IDS-2016 64275 declarations filed Rs 65250 Crore incomes declared in the form of cash and other assets. Number likely to go upwards-CBDT

10 years ago

IDS-2016 64275 declarations filed Rs 65250 Crore incomes declared in the form of cash and other assets. Numbers likely to…

  • Income Tax

Revised ICDS-X Provisions contingent liabilities assets applicable from FY 2016-17 AY 2017-18 Download CBDT Notification 87/2016

10 years ago

Revised ICDS-X provisions contingent liabilities assets applicable from FY 2016-17 AY 2017-18  CBDT has notified the revised income computation and disclosure standards…

  • Income Tax

Revised ICDS-IV Revenue Recognition applicable from FY 2016-17 CBDT Notification

10 years ago

Revised ICDS-IV Revenue Recognition applicable from FY 2016-17 AY 2017-18  CBDT has notified the revised income computation and disclosure standards…

  • ICAI

ICAI Clarification-auditors rotation SQC1-Companies Act 2013 differences.One time transition phase relaxation given for the financial year 2016-17

10 years ago

ICAI Clarification-auditors rotation SQC1-Companies Act 2013 differences.One time  transition phase relaxation given for the financial year 2016-17 1. The Council…

  • ICAI

ICAI Revised Guidance Note-Special Purposes Audit Reports and Certificates. CA can provide reasonable or limited level of assurance

10 years ago

ICAI Revised Guidance Note-Special Purposes Audit Reports and Certificates. CA can provide reasonable or limited level of assurance. Auditing and…