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Complainant using ICSI to recover alleged dues only a serious matter and need to be looked into when he settled the dispute without informing Institute ABCAUS Case Law Citation:ABCAUS 3266 (2020) (02) AA In the instant case, the Appellant was a practicing company secretary who had preferred an …
ICAI signs MoU with IIM Jammu. IIM to offer executive training programs exclusively for the Chartered Accountants ICAI Press Release ICAI signs MoU with IIM Jammu The Institute of Chartered Accountants of India (ICAI) signed a Memorandum of Understanding (MoU) with Indian Institute of Management (IIM) Jammu …
Assessment u/s 153A has to be made only on basis of seized material. Assessment can not be arbitrary or without any relevance or nexus with seized material ABCAUS Case Law Citation:ABCAUS 3265 (2020) (02) ITAT Important case law relied upon by the parties:Kabul Chawla, 380 ITR 573.Chintels India …
CIT should make detailed enquiry at revision stage if he wants to take a different view and give finding how assessment order is erroneous and prejudicial to the interests of Revenue ABCAUS Case Law Citation:ABCAUS 3264 (2020) (02) ITAT Important case law relied upon by the parties:Malabar Industrial …
e-Assessment proceedings can lead to erroneous assessment if AO not able to understand transactions and accounts without a personal hearing ABCAUS Case Law Citation:ABCAUS 3263 (2020) (02) HC Important case law relied upon by the parties:Smt. Shrilekha Banerjee Vs. CIT 1964 AIR SC 697 In the instant case, …
Once registration granted u/s 12A entire receipts can not be taxed as income without allowing any expenses. Disallowances can be made only on violation of conditions. In a recent judgment, ITAT Delhi has held that Once registration granted u/s 12A entire receipts can not be taxed as income …
Addition made in original assessment proceedings u/s 143(3) and deleted by ITAT cannot be made again in assessment proceedings u/s 153A ABCAUS Case Law Citation:ABCAUS 3261 (2020) (02) ITAT In the instant case, appeal had been filed by the Assessee against the impugned order passed by Commissioner of …
Andhra Bank Concurrent audit Online Empanelment of CA Firm FY 2020-21. last date for submission of application online is 29.02.2020. Andhra Bank invites applications in the prescribed format from practicing firms of Chartered Accountants who are willing to have their firm empanelled as Concurrent Auditor with Andhra Bank. …
CBDT to felicitate best performing Income Tax Officers/Officials in e-assessments. Categories and eligibility criteria CBDT, in order to promote and appreciate the outstanding work of Officers/Officials in e-assessments, has decided that from January, 2020 and onwards, every month the best performing ‘Officers/Officials achieving excellence in the prime areas, …
Functionality for Demand Adjustment u/s 245 by AO in ITBA ITBA- Assessment- Demand Adjustment by AO u/s 245 Instruction No.13 DIRECTORATE OF INCOME TAX (SYSTEM)ARA Center, Ground Floor, E-2, Jhandewalan ExtensionNew Delhi – 110055 F.No.System/ITBA/ Instruction /Assessment/ Demand Adjustment by AO u/s 245/2019-20/1906 Dated: 19/2/2020 ToAll Principal Chief …