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Procedure to handle export cargo originating from SEZ in view of disruption in maritime routes due to closure of the Strait of Hormuz. CBIC had issued Circulars No. 09/2026-Customs dated 08.03.2026. and Circular No. 10/2026-Customs dated 10.03.2026, Circular No. 12/2026-Customs dated 17.03.2026 and Circular No. 15/2026-Customs dated 27.03.2026 …
ICAI Audit Quality Maturity Model (AQMM) review shall be applicable to Practice Units which are subject to Peer Review and auditing specified entities ICAI widens the scope of mandatory applicability of Audit Quality Maturity Model (AQMM) The ICAI’s Audit Quality Maturity Model (AQMM) is a mandatory self-assessment framework for …
Remuneration paid by CA firm to wives of CA partners for their services rendered allowed in the absence of any comparable analysis made In a recent judgment, ITAT Mumbai has deleted addition made by AO on account of remuneration paid by CA firm to wives of CA partners …
When assessee did not opt yes or no to receive notices by email, such notices amounted to no service In a recent judgment, ITAT has held that when in the form No. 35 filed the assessee did not either say ‘yes’ or ‘no’ to question whether assessee would …
CIT(A) should have considered the details statement of facts filed before him before dismissing the appeal of the assessee observing that the assessee had nothing to say In a recent judgment, ITAT Bangalore has held that the CIT(A) should have considered the details statement of facts filed before …
Empanelment of General Observers for ICSI Examinations June 2026 ICSI has invited interested members to enroll as General Observers for the CS Main Examinations, June 2026 scheduled to be held from 1st June 2026 to 7th June 2026 at various Examination Centres across lndia and abroad. Interested members …
Income Tax Department Pune is engaging Young Professionals CA for assistance in ITAT representation With a view to augment departmental representation in Income Tax Appellate Tribunal (ITAT), Income Tax Department Pune is looking for engaging a pool of talented Young Professionals (YPs) as per the following details: • …
IDBI invites application for empanelment of Chartered Accountant firms as Concurrent Auditor for FY 2026-27 IDBI Bank has invited online applications from practicing Partnership firms of Chartered Accountants within India, in the prescribed format, who are willing to be empanelled as Concurrent Auditors of the IDBI Bank. The …
Audit reports must be disclosed if considered relevant by banks in classifying the account of a customer as fraud – Supreme Court In a recent judgment, Hon’ble Supreme Court has held that the audit report/forensic audit reports ought to be disclosed if it is considered relevant by the …
ICAI sets up a branch of CIRC at Korba city (Chhattisgarh) w.e.f. 6th February, 2026 Council of the Institute of Chartered Accountants of India has notify the setting up of a Branch of Central India Regional Council at Korba city (Chhattisgarh) with effect from 6th February, 2026. As …
