ICAI inviting application for Internal Audit of its regional offices-branches. Online application to be made latest by 10/05/2018 up to 1600 hours.  Notice Inviting Expression of Interest for engagement of Chartered Accountants Firms for Internal Audit of various units of the Institute of Chartered Accountants of India (ICAI) …

EPFO Introduces ‘View Pension Passbook’ Service for the pensioners through Umang App  Employees’ Provident Fund Organisation (EPFO), which is providing a host of e-services for its stakeholders, has now introduced a new service through ‘UMANG app’. On clicking ‘View Passbook’ option, it requires PPO Number and Date of Birth information to …

Industrial Development Scheme for Himachal Pradesh and Uttarakhand 2017  The Government has notified the Industrial Development Scheme for Himachal Pradesh and Uttarakhand 2017 to boost industrialization. The scheme will be effective from 1.04.2017 and will remain in force up to 31.03.2022 and will cover the States of H.P & …

Compensation received by builder for default in agreement to sell land by seller held as capital receipt as the land ultimately to be used as stock-in-trade was immobile and sterilised-HC The instant appeal was filed by the Income Tax Department (Revenue) against the order of the ITAT in …

Material found in a Survey made simultaneously at a connected person can be used in Block Assessment of an assessee u/s 158BB read with Section 158 BH of the IT Act-Supreme Court The instant appeal was filed by the Income Tax Department (Revenue) against the judgment passed by …

ICAI Implementation Guide on Reporting Standards-Revised SA 700, Revised SA 705 and Revised SA 706 In the year 2016, the Institute of Chartered Accountants of India (ICAI) had issued the revised auditor’s reporting standards i.e. (a) Revised SA 700 – Forming an Opinion and Reporting on Financial Statements It represents the overarching …