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Abcaus

Order passed by four member Appellate Authority against CA was valid-High Court

administrator March 15, 2018 Chartered Accountants, High Courts
Order passed by four member Appellate Authority against CA was valid. Under doctrine of necessity recusal of one member not affect hearing and decision-High Court ABCAUS Case Law Citation: ABCAUS 2246 (2018) (03) HC The Petitioner chartered accountant (CA) challenged before the Hon’ble High Court the order passed …

CBEC is observing GST refund fortnight from 15th – 29th March, 2018

administrator March 15, 2018 GST
CBEC is observing GST refund fortnight from 15th -29th March, 2018 across all its field formations to deal exclusively with the pending GST refund claims  CBEC is observing GST refund fortnight from 15th – 29th March, 2018 Get your pending GST refunds on export of goods sanctioned CBEC is …

High Court interprets PMGKY Scheme 2016 and give equitable relief to the assessee

administrator March 15, 2018 High Courts, Income Tax, Judgments
High Court interprets provisions of PMGKY Scheme 2016 and give equitable relief to the assessee without undermining the object and purpose behind the Scheme. ABCAUS Case Law Citation: ABCAUS 2246 (2018) (03) HC The petitioner was an advocate engaged in income-tax practice who had challenged the rejection by …

There is complete removal/weak RBI powers on corporate governance at PSBs-RBI Governor

administrator March 14, 2018 RBI
There is  complete removal/weak RBI powers on corporate governance at PSBs. No Banking Regulator Can Catch or Prevent All Frauds-RBI Governor Banking Regulatory Powers Should Be Ownership Neutral RBI Governor, Shri Urjit Patel in his speech at the Gujarat National Law University (GNLU) in Gandhinagar has stated that there has been …

Lok Sabha passes Finance Bill 2018 with 21 amendments-Download list

administrator March 14, 2018 Budget-2018-19, Income Tax
The Lok Sabha has today passed the Finance Bill 2018 without discussion amid protest by the opposition leding to the adjournment of both the Houses of Parliament. The passing of the Bill by voice votes without discussion have the effect of automatically passing all the twenty one amendments as …

ICAI to take stringent action against use of unfair means in exams-Advisory to students

administrator March 14, 2018 ICAI
ICAI to take stringent action against use of unfair means in exams-Advisory to students ICAI has warned about the use unfair means in CA Examinations. While admitting that cases of adoption/attempt to adopt unfair means are reported every year in respect of the prestigious CA examinations,  ICAI disclosed …

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