Indian Valuation Standards 2018 issued by ICAI effective for the valuation reports issued on or after 1st July 2018. Indian Valuation Standards 2018 by ICAI The Council of the Institute of Chartered Accountants of India (ICAI) at its 375th meeting has issued the Valuation Standards which as claimed …

Mentioning PAN in place of TAN in TDS challan-Assessee should not be penalized or punished for technical mistakes when there is no loss to Revenue – ITAT ABCAUS Case Law Citation ABCAUS 2365 (2018) 06 ITAT The instant appeal was preferred by the Income Tax Officer (ITO/Assessing Officer) …

Lateral Recruitment of 10 outstanding individuals as joint secretary in GoI. Even Non IAS Persons with expertise are qualified. Last Date 30th July 2018.  INVITATION OF APPLICATIONS FOR SENIOR POSITIONS IN GOVERNMENT OF INDIA Lateral Recruitment to Senior Positions in Government of India by Department Of Personnel And Training Invitation …

RBI penalty for clerical mistakes not disallowable u/s 37. The genuine clerical mistake cannot be treated as an offense under the Banking Regulations Act – ITAT ABCAUS Case Law Citation ABCAUS 2364 (2018) 06 ITAT The instant appeal was preferred by the assessee against the order of the …

List of  Standards on Auditing applicable for audits of FY 2017-18 and 2018-19 and onwards Under the provisions of the Companies Act 2013, it is mandatory for auditors of companies to comply with the Standards on Auditing (SAs) issued by the Institutes of Chartered Accountants of India (ICAI). Auditors …

Reopening notice u/s 148 void if original assessment pending in appeal.  ITAT quashed notice where proceedings u/s 153A were pending before CIT(A) ABCAUS Case Law Citation ABCAUS 2363 (2018) 06 ITAT The instant appeal was preferred by the assessee against the order of the Commissioner of Income Tax …