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Abcaus

Direct Tax Vivad Se Vishwas Scheme, 2024 to come into force from 1st October, 2024

administrator September 20, 2024 Income Tax
Direct Tax Vivad Se Vishwas Scheme, 2024 to come into force from 1st October, 2024 MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 103/2024 New Delhi, the 19th September, 2024 S.O. 4016(E).—In exercise of the powers conferred by sub-section (2) of section 88 …
PNB Stock Audit Empanelment

PNB invites application for empanelment of Stock and receivable auditors. Last date 09.10.2024

administrator September 19, 2024 CA CS CMA, Empanelment
Punjab National Bank has invited applications from firms of Chartered Accountants / Cost Accountants and individual CAs/Cost Accountants for empanelment as Stock & Receivable Auditors. PNB empanelment of stock and receivable auditors. will be based on merits and the bank reserves the right to reject any application without …
NFRA revision SA 600

NFRA proposes revision to SA 600 to allow review of branch auditors work

administrator September 19, 2024 Audit
NFRA proposes revision to Standards of Auditing (SA) 600 to allow review of component / branch auditors work  The SA 600 issued by ICAI titled as using the work of another auditor is sought to be revised by NFRA by introducing SA 600 (Revised), Special Considerations—Audits of Group …
Auroville Foundation

CBDT approves Auroville Foundation u/s 35(1)(iii) for AY 2025-2026 to 2029-2030

administrator September 19, 2024 Income Tax
CBDT approves Auroville Foundation as ‘Other Institution’ for research in social science or statistical research u/s 35(1)(iii) MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF DIRECT TAXES Notification No.102/2024 New Delhi, the 18th September, 2024 S.O. 3961(E).—In exercise of the powers conferred by clause (iii) of sub-section …
supreme court

Order u/s 148A(d) mentioning sale proceeds as income chargeable to tax quashed.

administrator September 18, 2024 Income Tax, Supreme Court
Order u/s 148A(d) mentioning sale proceeds as income chargeable to tax quashed. Sale proceeds is not income chargeable to tax. SC declines to interfere with HC order. In a recent order, Hon’ble Supreme Court has declined to interfere with the order of Hon’ble Madhya Pradesh High Court quashing …
SEBI New Logo

SEBI enabled T+2 trading of Bonus shares where T is the record date

administrator September 18, 2024 SEBI
SEBI enabled T+2 trading of Bonus shares where T is the record date SEBI has decided to enable T+2 trading of Bonus shares where T is the record date. This would reduce the time taken for credit of bonus shares and trading of such shares, from the record date …

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