ICAI debars seven chartered accountants for charges of professional misconduct ICAI has held seven Chartered Accountants guilty of committing Professional Misconduct as defined in CA Regulations and has debarred them for prescribed period by ordering removal of their name from the register of members and also penalising them …

Online empanelment of CA firms / LLPs firms with CAG for the year 2025-26 to be available on CAG website www.care.cag.gov.in from 07.01.2025 to 17.02.2025 CAG Empanelment of Chartered Accountant firms/LLPs for the year 2025-2026 Online Applications are invited from Chartered Accountant firms/LLPs who desire to be empanelled …

ITAT allows deduction for employment of new workmen u/s 80JJAA by way of submission despite not filing revised return of income.  In a recent judgment, ITAT Rajkot has upheld the order of the CIT(A) allowing deduction respect of employment of new workmen u/s. 80JJAA claimed by way of …

Addition u/s 68 for cash collection from exhibition of films in the theaters deleted as the amount was duly recorded in books of account.  In a recent judgment, ITAT Chennai has deleted the addition u/s 68 towards cash collection from exhibition of films in the theaters as the …

ITC for goods  delivered  by  supplier  at  his  place  of business under Ex-Works Contract CBIC has issued Circular No. 241/35/2024-GST dated 31.12.2024 clarifying availability of input tax credit as per clause (b) of sub-section (2) of section 16 of the Central Goods and Services Tax Act, 2017 in …

CBIC Clarification on place of supply of Online Services supplied by the suppliers of services to unregistered recipients CBIC has issued Circular No. 242/36/2024-GST dated 31.12.2024 clarifying on place of supply of Online Services supplied by the suppliers of services to unregistered recipients. CBIC was informed by field …