Empanelment for Vijaya Bank Concurrent Auditors for 2018-19-Eligibility criteria for selection of CA Firm VIJAYA BANK – INTERNAL AUDIT & SUPERVISION DEPARTMENT, HO BANGALORE Eligibility criteria for selection of Concurrent Auditors for the year 2018-19 1. The Chartered Accountant firms/Concurrent Auditors should be on RBI panel. 2. The …

Deposit of TDS under wrong TAN – ITAT directs credit of TDS to the assessee after verification of challan In the instant appeal, the appellant assessee had challenged the order of the CIT(A) in the matter of order passed under Sections 201(1)/201(1A) of the Income Tax Act, 1961 …

ICAI FAQ on accounting treatment of increase in liability due to enhancement of the gratuity ceiling The Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI) has issued the following FAQ on accounting treatment of increase in liability on account of enhancement of the …

If identity and genuineness of loan transactions proved addition on capacity ground can be made only in the hands of investor-ITAT follows SC The appellant assessee had preferred the instant appeal against the order of the CIT(A) in upholding the additions on account of unexplained loan u/s 68 …

Not signing reasons recorded for reopening invalidated the notice u/s 148. ITAT quashed the reopening as issue of the notice without recording reasons The appellant assessee had preferred the instant appeal against the order of the CIT(A) in upholding the reopening the assessment where reasons recorded for issuance …

Waiver of late fee for FORM GSTR-3B by those registered persons whose declaration in FORM GST TRAN-1 was submitted but not filed on the common portal on or before the 27.12.2017 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification …