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CAG is inviting EoW from CA firms for audit of various bodies from July 2025 to March 2027 Engagement of CA firms to work with CAG teams for financial audit of financial statements of the Autonomous, Local or other Bodies received by CAG for audit during July 2025 …
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2025 The Insolvency and Bankruptcy Board of India has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 by notifying the Insolvency and Bankruptcy Board of …
Unless it is shown that money withdrawn from bank was utilized for some other purpose, no addition can be made merely because there was a time gap between a withdrawal and re-deposit of money In a recent judgment, the ITAT Allahabad has held that unless the Revenue can …
Foreign Contribution (Regulation) Amendment Rules, 2025. List of documents to be enclosed to applications revised. The Ministry of Home Affairs has notified the Foreign Contribution (Regulation) Amendment Rules, 2025 to amend the Foreign Contribution (Regulation) Rules, 2011. The amended rules shall become affective from 26th may 2025. The …
CBDT extends the due date of filing of ITRs for AY 2025-26 from 31.07.2025 to 15.09.2025 CBDT extends the due date of filing of ITRs for AY 2025-26 to 15.09.2025 for the class of assessees for which the due date for filing return of income was 31st July …
Onus lies on assessee to prove amount received from clients towards expenses were actually expended for the purpose intended. In a recent judgment, the ITAT Delhi has upheld that for amount received from clients towards expenses reimbursement, onus lies on assessee to prove that the expenses were wholly …
ITAT deleted addition u/s 68 in the case of Mrs Swapna Roy wife of deceased Subrata Roy of Sahara India for cash deposited in bank account In a recent judgment, the ITAT Delhi in the case of Mrs Swapna Roy wife of deceased Subrata Roy of Sahara India, …
Annamalai University invites Tenders from partnership CA firms for the Appointment of Chartered Accountant as Retainer/Consultant for Accounting & Tax Matters. Annamalai University (‘AU’), accredited with ‘A+’ Grade by NAAC in 2022, is one of India’s largest public residential University with 8 Faculties and 52 departments of study. …
Assessment order set aside as show cause notice was sent to the chartered accountant of the assessee who neither informed regarding notice nor filed any reply. In a recent judgment, Karnataka High Court set aside the assessment order as the show cause notice was sent to the chartered …
SEBI issues revised FAQ on Account opening by Persons with Disabilities, making digital KYC process inclusive and accessible The Hon’ble Supreme Court in its recent judgement, emphasized the need for equal and accessible inclusion of persons with disabilities for availing financial services and directed to ensure that the …
