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Abcaus

ICAI new Branches

ICAI sets up two new branches in Southern India Regional Council (SIRC)

administrator June 20, 2025 ICAI
ICAI sets up two new branch offices in Southern India Regional Council (SIRC) ICAI has issued notification setting up of two new branch offices in Southern India Regional Council w.e.f. 27.05.2025 as under: 1. Khammam Branch The Khammam Branch shall be known as Khammam Branch of Southern India …
Addition cash deposit deleted PM Address

Addition for cash deposit deleted on account of statement of PM & CBDT SOP

administrator June 20, 2025 Income Tax, ITAT
ITAT deleted addition for cash deposit on account of the statement given by the Prime Minister, press statement and CBDT SOP In a recent judgment, ITAT Chennai has held that addition u/s 69A cannot be sustained on account of the statement given by the Prime Minister, press statement …
esic

ESI Corporation Coimbatore invites tenders for Empanelment of CA Firm for FY 2025-26

administrator June 19, 2025 Empanelment
ESI Corporation Coimbatore invites tenders for Empanelment of CA Firm for FY 2025-26 ESI Corporation invites online tenders through GeM Portal from the interested and eligible bidders for Empanelment of CA Firm at ESI Corporation, Sub Regional Office, Coimbatore for a period of 1 years (FY 2025-26) (which …
Fixing date personal hearing

Fixing date of personal hearing prior to date of filing reply – GST order quashed

administrator June 19, 2025 GST, High Courts
Fixing date of personal hearing prior to the date of filing of reply showed non application of mind – High Court In a recent judgment, Hon’ble Allahabad High Court quashed GST order u/s 73 of UPGST Act 2017 as the date of personal hearing was fixed prior to …
special court

MCA designates 3 Special Courts for speedy trial of offences u/s 435(2)(b) of Companies Act

administrator June 19, 2025 Companies Act
MCA designates three Special Courts for the providing speedy trial of offences under clause (b) of sub-section (2) of section 435 of the Companies Act 2013 Section 435 of the Companies Act provide that The Central Government may, for the purpose of providing speedy trial of offences under this …
Exemption 54EC delay investment

Exemption u/s 54EC allowed for delayed investment in REC Bonds

administrator June 18, 2025 Income Tax, ITAT
ITAT allowed exemption u/s 54EC for delayed investment in REC Bonds as the sale consideration was received late.  In a recent judgment, ITAT Pune allowed exemption under section 54EC for delayed investment in REC Bonds as the receipt of sale consideration was not in the control of the …

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