ICAI sets up two new branches : at Morbi and Bhiwandi
The Institute of Chartered Accountants of India (ICAI) has changed the name of Ahmednagar Branch of WRIC of ICAI as Ahilyanagar Branch.
ICAI has also notified the setting up of two branches of ICAI first at Morbi District (Gujarat) under WRIC and second at Bhiwadi city (Rajasthan) under CIRC with effect from 8th October, 2025.
The Jurisdiction of the Branches  shall be as under:
| Bhiwadi Branch jurisdiction | Morbi Branch jurisdiction |
| Besides Bhiwadi city, the following cities/towns falling within a distance of 50 kms from the city limits of Bhiwadi: – 1. Tapukara 2. Tijara 3. Khushkhera 4. Neemrana 5. Shahjahanpur (Raj.) | Besides Morbi, 1. Halvad 2. Maliya 3. Morbi 4. Tankara 5. Wankaner |
Download ICAI Notification Click Here >>
- Object of assessment proceedings is not to find empirically correct solution on every fact issue – HC
- Penalty u/s 270A deleted as assessee filed revised computation during scrutiny
- Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT
- Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT
- Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT
