Author: administrator
List of Standards on Auditing applicable for audits of FY 2017-18 and 2018-19 and onwards 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 (ICAI). Auditors …
Reopening notice u/s 148 void if original assessment pending in appeal. ITAT quashed notice where proceedings u/s 153A were pending before CIT(A) ABCAUS Case Law Citation ABCAUS 2363 (2018) 06 ITAT The instant appeal was preferred by the assessee against the order of the Commissioner of Income Tax …
Disallowance challenged and pending in appeal against original assessment u/s 143(3) can not be made again in search assessment framed u/s 153A/153C of the Income Tax Act ABCAUS Case Law Citation ABCAUS 2362 (2018) 06 ITAT The instant appeal was preferred by the assessee against the order of …
ICAI offering incubation centres to start-ups founded by chartered accountants ICAI has invited applications from start-ups desiring space and facilities at incubation centres proposed at ICAI Bhawan, BKC, Mumbai. A startup incubator is a collaborative program designed to help new startups succeed. Incubators help entrepreneurs solve some of the problems commonly associated …
Monetary limits for adjudging confiscation or penalty by Customs Officers u/s 162 of Custom Act 1962 for goods liable to confiscation under Chapter XIV MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION No. 50/2018-Customs (N.T.) New Delhi, the 8th June, 2018 G.S.R. …
EPFO displeased over delay in payment of pension on higher wages as per order of Supreme Court. No excuse to be given in the name of Head Office Employees’ Provident Fund Organisation (EPFO) has expressed concerns over delay in implementation of Hon’ble Supreme Court order on payment of …
Clarifications of certain issues under GST Circular No. 47/21/2018-GST F. No. CBEC- 20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 08th June, 2018 To, The Principal Chief Commissioners/ Chief Commissioners/Principal Commissioners/ Commissioners …
New address of Directorate General of Income Tax-Vigilance Directorate General of Income Tax (Vig.) Dyal Singh Public Library Building 1, Deen Dayal Upadhyay Marg, New Delhi-110002 Dated: 07.06.2018 NOTICE It is to inform that the Directorate General of Income Tax (Vigilance) is shifting to new premise at 2nd …
Task Force on Shell Companies has developed a a database of 3 lists, the Confirmed List, Derived List and Suspect List all containing 113946 companies Task Force on Shell Companies takes pro-active and coordinated steps to check the menace of shell companies • Compilation of a database of …
Niti Ayog to have no CEO as per Re-constitution Notification issued by Cabinet. There was a demand to remove him after his controversial statement on few States. CABINET SECRETARIAT NOTIFICATION New Delhi, the 7th June, 2018 No. 1/51/1/2015-Cab.—In continuation of Cabinet Secretariat’s notification of even number dated 07.01.2015, the …
