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Abcaus

Empanelment special Tax Audit

Empanelment of CA Firms as Special Auditor u/s 142(2A) at Income Tax Office Mumbai. Last date 03.08.2018

administrator July 28, 2018 Empanelment, Income Tax
Empanelment of CA Firms as Special Auditors u/s 142(2A) at Income Tax Office Mumbai for FY 2018-19 and 2019-20. Last date to apply 03.08.2018 The Income-tax Department Mumbai has invited applications from Chartered Accountant Firms for empanelment as Special Auditors u/s 142(2A) of the Income Tax Act, 1961 …
cash purchases

Addition for undisclosed purchases based on diary of supplier deleted as no addition was made for unaccounted sales in the hand of supplier

administrator July 28, 2018 Income Tax, ITAT
Addition for undisclosed purchases based on diary of supplier deleted as no addition was made for unaccounted sales in the hand of supplier surveyed ABCAUS Case Law Citation: ABCAUS 2440 (2018) 07 ITAT The instant appeal was filed by the assessee against the order passed by the CIT(A) …
bank pass book

Addition u/s 69 deleted as AO failed to call information from bank of loan creditor

administrator July 27, 2018 Income Tax, ITAT
Addition u/s 69 deleted as AO failed to call information from bank of loan creditor. Case restored back for verifying creditworthiness of the loan creditor by calling information from the Bank ABCAUS Case Law Citation: ABCAUS 2439 (2018) 07 ITAT The instant appeal was filed by the assessee …
gst rate

GST Notifications to give effect to the recommendations of the GST Council 28th meeting held on 21.07.2018

administrator July 27, 2018 GST
GST Notifications to give effect to the recommendations of the GST Council 28th meeting held on 21.07.2018 Notification No. 13/2018-Central Tax (Rate) dated 26-07-2018 View >> Seeks to amend Notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates on the intra-State supply of services  Notification …
icai result

Result of CA Intermediate May 2018 Exam likely to be declared on 29th July 2018 around 6.00 PM 

administrator July 27, 2018 ICAI
Result of CA Intermediate May 2018 Exam likely to be declared on 29th July 2018 around 6.00 PM  As per ICAI Announcement, the result of the Chartered Accountants Intermediate Examination (Old Course & New Course) held in May 2018 are likely to be declared on Sunday, the 29th …

Giving bribe a crime bigger than accepting -7 Years jail for giving bribe against 5 years term to Public Servant

administrator July 27, 2018 Government
Giving bribe a crime bigger than accepting it – 7 Years jail for giving bribe against 5 years term to Public Servant accepting bribe under Prevention of Corruption Amendment Act 2018 The Government has notified Prevention of Corruption (Amendment) Act 2018 which provides for a maximum punishment of …

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