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Abcaus

fmv

DVO valuation of property occupied by tenants with court cases going on set aside by ITAT

administrator June 11, 2018 Income Tax, ITAT
DVO valuation of property occupied by tenants with court cases going under Rent Control Act set aside by the ITAT as the objections were dealt with by the DVO ABCAUS Case Law Citation ABCAUS 2366 (2018) 06 ITAT The instant appeal was preferred by the assessee against the …
Indian Valuation Standards 2018

Indian Valuation Standards 2018 issued by ICAI effective for reports issued on or after 1st July 2018

administrator June 11, 2018 ICAI
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 …
tds

Mentioning PAN in place of TAN in TDS challan-No punishment when there is no loss to Revenue – ITAT

administrator June 11, 2018 Income Tax, ITAT
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 joint secretary

Lateral Recruitment of 10 outstanding individuals as Joint Secretary in GoI – Non-IAS too qualify

administrator June 10, 2018 Government
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 …
penalty for clerical mistakes

RBI penalty for clerical mistakes not disallowable u/s 37 – ITAT

administrator June 10, 2018 Income Tax, ITAT
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

List of Standards on Auditing (SAs) applicable for audits of FY 2017-18 and 2018-19 and onwards

administrator June 10, 2018 ICAI
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 …

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