Author: administrator
Partnership entity or company not eligible to be a registered valuer if not a member of a registered valuers organisation (RVO). MCA has notified the Companies (Registered Valuers and Valuation) Amendment Rules, 2022. The MCA vide notification no. G.S.R. 831(E) dated 21.11.2022 has amended the Companies (Registered Valuers …
Challenged to IBC by a Chartered Accountant refused by Supreme Court for want of locus and bonafide. ABCAUS Case Law CitationABCAUS 3619 (2022) (11) SC In the instant case, a Chartered Accountant (CA) has in the guise of public interest to sought to invoke the jurisdiction of the …
Date of initiation of penalty proceedings in assessment order is the relevant date u/s 275(1)(c) for limitation purpose. ABCAUS Case Law CitationABCAUS 3618 (2022) (11) HC Important Case Laws relied upon by parties Principal Commissioner of Income-Tax vs. Mahesh Wood Products Pvt. Ltd.Principal Commissioner of Income-Tax vs. JKD …
Airlines required to deduct tax at source (TDS) u/s 194H on supplementary commission of travel agents – Supreme Court ABCAUS Case Law CitationABCAUS 3617 (2022) (11) SC Important Case Laws relied upon by partiesHindustan Coca Cola Beverages Pvt. Ltd. v.Commissioner of Income TaxAhmedabad Stamp Vendors Ass.v. Union of …
Income tax efiling portal enables Co-browsing feature for taxpayer – Read FAQs 1. What is Co-Browsing and how does it help Taxpayer service?Co-browsing, also known as collaborative browsing, allows the Helpdesk agents to collaborate with the taxpayer’s browser in real-time, just at the click of a button. Agents …
ICAI has banned/suspended 12 Chartered Accountants (CAs) on being found guilty of Professional Misconduct. CAs found guilty have been punished by removal of their names for specified period and/or financial penalty as under: Particulars Punishment given CA. Navinchandra Virji Gada (Membership No. 123936), Mumbai Name removed from …
Bribe whether proceed of crime under PMLA – intent is important says Supreme Court ABCAUS Case Law CitationABCAUS 3616 (2022) (11) SC Bribe whether proceed of crime under PMLA ? In the instant case, The Central Bureau of Investigation (the CBI) checked a car parked in front of …
CBDT extends due date of filing of TDS return Form 26Q for the second quarter of financial year 2022-23 from 31st of October, 2022 to 30th of November, 2022. CBDT extends due date of filing of TDS return Form 26Q Circular No. 21/2022 F.No.275125/2022-IT(B) Government of …
Different Income Tax Returns to be replaced by one common ITR. I. T. Department proposes a common Income-tax Return except ITR-7 F No 370133/16/2022-TPLGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes) New Delhi, 1st November, 2022 Sub: Draft common Income-tax Return-request for …
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No.10A to 25.11.2022 Circular No. 22 of 2022 F.No.197/93/2022-ITA-1Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 01st November, 2022 Sub: Condonation of …
