ICAI defers mandatory UDIN implementation to 1st Feb 2019 in a phased manner as against the earlier announced date of 1st Jan., 2019
With a view to secure the certificates/documents attested/certified by practicing Chartered Accountants and for tracing forged/wrong documents prepared by any third person misrepresenting himself as a Chartered Accountant, the ICAI had implemented an innovative concept of UDIN i.e. Unique Document Identification Number.
The ICAI UDIN project is developed by the Tata Consultancy Services (TCS).
As per ICAI announcement, to enable TCS do the huge data migration and data audit which requires around 30 days before the UDIN Platform becomes mandatory, Central Council of ICAI has decided to mandate UDIN w.e.f 1st Feb., 2019 in a phased manner as against the earlier announced date of 1st Jan., 2019.
Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…
Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…
When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…
ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…
Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…
Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…