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Abcaus

ICAI bans Delhi based CA for 1 year for misconduct which was upheld by the High Court

administrator February 28, 2018 ICAI
ICAI bans Delhi based CA for 1 year for misconduct of connivance in anti-dated stock invests & irregular share allotment which was upheld by the Delhi High Court  The ICAI has notified the removal of the CA found guilty of other misconduct from the Register of Members for a period …

ICAI bans Ahmedabad based CA for 2 years for misconduct of gross negligence

administrator February 28, 2018 ICAI
ICAI bans Ahmedabad based CA for  2 years for misconduct of gross negligence in performing his professional duties which was upheld by the Gujarat High Court  The ICAI has notified the removal of the CA found guilty of misconduct from the Register of Members for a period of …

How to Track IGST Refund Status-Frequently Asked Questions

administrator February 28, 2018 GST
How to Track Refund application for IGST paid on account of Export of Goods. Different status types based on invoice data and recommended Action How to Track IGST Refund Status-FAQ 1. Can I track the status of my Refund Application? Yes, you can track the status by using …

Section 55A related to DVO reference not apply in a reverse case – High Court

administrator February 27, 2018 High Courts, Income Tax, Judgments
Section 55A related to DVO reference not apply in a reverse case when value claimed by assessee exceeds the fair market value as determined by the AO-High Court ABCAUS Case Law Citation: ABCAUS 2227 (2018) (02) HC The appellant assessee had filed an appeal under Section 260-A of …

Exclusion of genetic disorders in insurance contracts is illegal and unconstitutional-High Court

administrator February 27, 2018 High Courts, Judgments
Exclusion of genetic disorders in insurance contracts is illegal and unconstitutional. IRDA directed to ensure that insurance companies do not reject such claims-High Court ABCAUS Case Law Citation: ABCAUS 2226 (2018) (02) HC The Respondent/Plaintiff (“Plaintiff‟) had taken a medi-claim insurance policy for himself along with his wife …

Companies engaged in defence production exempted from segment reporting-MCA Notification

administrator February 27, 2018 Companies Act
Companies engaged in defence production exempted from segment reporting-MCA Notification   MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23rd February, 2018 S.O. 802(E).— In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) and subsection (2) of section 462 of the Companies Act, …

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