Registrar Cooperative Societies invites application for concurrent/statutory audit for FY 2024-25 & 2025-26 Appointment of Auditor for Co-operative Societies/Co-operative Banks registered with Registrar Co-operative Societies, Govt. of NCT of Delhi from 1st April 2025 to 28th August 2025. The Registrar, Cooperative Societies has invited online application for appointment …

Hiring of Chartered Accountant (CA) for Accounting & Tax related Services for JKPCL For FY 2024-25 JKPCL has invited e-bids from eligible Chartered Accountant (CA) firms for providing Accounting & Tax related services for JKPCL for FY 2024-25. Jammu Kashmir Power Corporation Limited (JKPCL), a Public Sector Undertaking …

Vague references to “incriminating material” without disclosing basis or specification of the evidence rendered the jurisdiction transfer order u/s 127(2) unsustainable – High Court In a recent judgment, Calcutta High Court has held that vague references to “incriminating material” without disclosing basis or specification of the evidence rendered …

Contingent liabilities not debited to profit and loss account cannot be added merely on the basis of disclosure in the tax audit report – ITAT  In a recent judgment, ITAT Ahmedabad deleted adjustment made by CPC u/s 143(1)(a) holding that contingent liabilities which are not debited to the …

Direction of Magistrate to surrender passport in compliance of bail condition in a GST evasion case was not violative of fundamental rights or directions of Apex Court In a recent judgment, District & Sessions Court Delhi has held direction of the Magistrate to surrender passport in compliance of …

Penalty u/s 271B can not be levied in a case where tax audit report was furnished before completion of the assessment In a recent judgment, ITAT Cochin has held that penalty u/s 271B can not be levied for non furnishing of tax audit report within due date as …