• ICAI

ICAI Guidance Note on CARO 2016

10 years ago

Companies (Auditor’s Report) Order, 2016 (CARO 2016) issued by the Ministry of Corporate Affairs (MCA) is applicable for audits of financial…

  • Rules

New Rules notified by Government to revamp Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act

10 years ago

Ministry of Social Justice & Empowerment-Press Release dated 23/04/2016 New Rules notified by Government to revamp Scheduled Castes and Scheduled…

  • Excise/Custom

Central Govt. extends time limit for taking Central Excise registration of jeweller establishment up to 01.07.2016

10 years ago

Circular No. 1026/14/2016-CX F. No. 354/25/2016-TRU Government of India Ministry of Finance Tax Research Unit New Delhi, the 23rd April,…

  • Income Tax

Claim for sales return provision was in accordance with AS notified u/s 145 being best estimate of information available

10 years ago

In a recent judgment, ITAT Delhi has allowed claim for provision made for sales return holding that as per Accounting Standard…

  • Income Tax

UPS entitled to higher rate depreciation @ 60% being accessories and peripherals forming integral part of computer system

10 years ago

In a recent judgment, ITAT Delhi has allowed depreciation on UPS at the higher rate of 60% allowable at computers following…

  • Income Tax

House Property Annual Value u/s 23(1). Whether flat ihabitable or not, a question of fact to be determined after appreciation of evidences

10 years ago

ITAT, Mumbai in a recent judgment has held that for determination of Annual Value of House property, u/s 23(1), whether the…

  • Income Tax

Availability of self owned interest free funds for disallowance u/s 36(1)(iii) can only be determined by examining the accounts

10 years ago

In a recent judgment, Amritsar has held that issue of availability of self owned interest free funds for making disallowance u/s…

  • CMA

Exposure Draft-Guidance Note on Treatment of Costs Relating to CSR Activities by Institute of Cost Accountants of India

10 years ago

The Institute of Cost Accountants of India REQUEST FOR COMMENTS 19th April 2016 Cost Accounting Standards Board (CASB), the standard-setting…

  • Income Tax

Online Upload of e-TDS/TCS statement(s) and AIR functionality will be discontinued from May 1, 2016 at TIN

10 years ago

NSDL Tax Information Network (TIN) Notice Online Upload of e-TDS/TCS statement(s) and AIR functionality will be discontinued from May 1,…

  • Excise/Custom

Imposition of Central Excise duty on jewellery – Constitution of sub-committee of the High Level Committee (HLC)

10 years ago

Circular No. 1025/13/2016-CX F. No. 354/25/2016-TRU Government of India Ministry of Finance Tax Research Unit New Delhi, the 22nd April,…