CBI arrested an Assistant Commissioner of GST and a Chartered Accountant for alleged criminal conspiracy involving bribery As reported in FIR lodged by the CBI, the Assistant Commissioner (AC), Goods and Service Tax (GST), Enforcement Wing, Delhi had conducted a survey cum seizure operation against a party. During …

Remuneration of part-time member of IBBI increased to Rs. 6000 from Rs. 1000/- for each meeting of the Board attended by the member. Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Services of Chairperson and Members) Second Amendment Rules, 2018 MINISTRY OF CORPORATE …

Reducing depreciation rate not debatable issue to invoke section 154 for rectification. Error discovered from records constitute apparent error ABCAUS Case Law Citation: ABCAUS 2620 (2018) (11) ITAT Important Case Laws Cited/relied upon: CIT vs. Dr. K.R. Jayachandran (212 ITR 637) CIT vs. dr. B. Venkata Rao (2000) …

Advisory to UIN Entities claiming GST Refunds. Wrong reporting of invoice data in FORM GSTR-11 or statement of invoice may lead to delay  The GST Act provides for allotting a Unique Identification Number (UIN) to Consulates, Embassies and other UN Organizations to enable such entities to claim refund …

Directions issued by Committee of experts on regulating Audit firms and the Networks as per its report submitted in pursuance of  directions of the Supreme Court (i) The Union of India may constitute a three member Committee of experts to look into the question whether and to what extent the …

Provision for submission of ICAI election nomination forms in multiple not required. High Court directs ICAI to consider its discontinuance. Failure to sign the undertaking is a defect of substantial character not a technical one. ABCAUS Case Law Citation: ABCAUS 2619 (2018) (11) HC Important Case Laws Cited/relied upon: …