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ICAI Draft Quick Insight on GST – Entertainment Industry, Hospitality Industry, Construction & Infrastructure Industry and Textile Industry ICAU has issued five Draft Papers covering GST provisions on various industries as under: Draft Quick Insight on GST – Entertainment Industry Draft Quick Insight on GST – Hospitality Industry …
IBBI penalised Insolvency Professional for raising bill in the name of Ernst & Young LLP. Fees of the lRP/RP should be raised only by him and should only be received by him ABCAUS Case Law Citation: ABCAUS 2493 (2018) 08 IBBI In the said matter, the replaced Resolution …
Addition made for low house hold withdrawals from capital upheld by ITAT rejecting the explanation of of joint family living and expenses ABCAUS Case Law Citation: ABCAUS 2492 (2018) 08 ITAT The instant appeal was filed by the appellant assessee against the order of the CIT(A) in inter …
High Court refuse to entertain writ against reopening notice u/s 148 as benefit of concluded finding of facts was not available because petitioner had directly approached the Court. ABCAUS Case Law Citation: ABCAUS 2491 (2018) 08 HC Important Case Laws Cited/relied upon by the parties: Income-Tax v. Agarwalla …
ICAI Implementation Guide to Standard on Auditing (SA) 610 (Revised) Using the Work of Internal Auditors Under the provisions of the Companies Act 2013, it is mandatory for auditors of companies to comply with the Standards on Auditing (SAs) issued by the Institutes of Chartered Accountants of India …
Publication on Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016 Series 1 , by Insolvency and Bankruptcy Laws Group, CLCGC, ICAI The Insolvency and Bankruptcy Code, 2016 (IBC), is a recent legislation and the various Judicial Pronouncements under the Code are very important inputs to understand the law on …
Final report of Committee on review of penal provisions of Companies Act 2013. To relieve Special Courts from adjudicating routine offences; De-clogging NCLT Committee on review of penal provisions of Company Act 2013 submits final report to Shri Arun Jaitley, makes several recommendations related to corporate compliance and corporate …
Booking of flat is not date of acquisition for claim of capital gain exemption u/s 54F. ITAT upheld denial of exemption as asset was not held for more than 3 years ABCAUS Case Law Citation: ABCAUS 2490 (2018) 08 ITAT Important Case Laws Cited/relied upon by the parties: …
Renovation is part of cost of acquisition for grant of benefit of deduction u/s 54F. Term residential house include all amenities to make it habitable-ITAT ABCAUS Case Law Citation: ABCAUS 2489 (2018) 08 ITAT Important Case Laws Cited/relied upon by the parties: Mrs. Rahana Siraj Vs. CIT (2015) …
The assessee was not prejudiced when AO disallowed only 10% of expenses instead of rejecting the books u/s 145 and pass best judgment assessment order under Section 144- High Court ABCAUS Case Law Citation: ABCAUS 2488 (2018) 08 HC The instant appeal was filed by assessee against the …
