Dividing total turnover by 365 days and concluding that assessee could not have made such cash sale on a single day is based purely on conjectures and surmises – ITAT In a recent judgment Allahabad ITAT has held that the action of the Assessing Officer (AO) in making …
NERIST Arunachal Pradesh invites EoI for Empanelment of Chartered Accountant firm North Eastern Regional Institute of Science and Technology, (NERIST) Arunachal Pradesh has invited Expression of Interest (Eol) for Empanelment of Chartered Accountant firm for undertaking regular accounting supports on monthly concurrent basis in Tally ERP, financial reporting, …
Sibsagar University invites Expression of Interest (EOI) for Appointment of Internal Auditor Sibsagar University invites Expression of Interest (EOI) from reputed Chartered Accountants/Firms to conduct internal audit of the Accounts of the University for the period 01.08.2024 to 31.03.2026. Eligibility Criteria for Chartered Accountant Firm (i) The Chartered Accountant …
In a recent judgment Andhra Pradesh High Court struck down Section 147A of the Income Tax Act, 1961 as unconstitutional. As a result, all the proceedings initiated by the respective Jurisdictional Assessing Officers (JAOs) under Sections 148A and 148 are without jurisdiction and are liable to be set …
Bank was liable to pay compensation to borrower as it did not verify the progress of construction before loan disbursals to builder – SC In a recent judgment, the Hon’ble Supreme Court confirmed the award of compensation to be paid to borrower by the bank holding that the …
No timeline mentioned in PMLA to forward the arrest order and the material in possession to the Adjudicating Authority. It has to be expeditiously and simultaneously – SC In a recent judgment, Hon’ble Supreme Court has held that there is no timeline mentioned in PMLA to forward the …