Undisclosed sales being excess turnover reported in service tax return. Tribunal set aside the addition for de novo proceedings In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming addition made by the Assessing Officer (AO) towards undisclosed sales on the basis …

Change of email address no ground for non-service of show cause notice as in return filed email of counsel was given ABCAUS Case Law CitationABCAUS 3505 (2021) (06) HC The assessee had filed a Writ Petition challenged the ex parte assessment order passed by the Assessing Officer (AO) …

Revised Schedule of CA Exams May 2021 to be held from 5th July 2021 to 20th July 2021 ICAI in May 2021 announced that ICAI Intermediate, Final and other CA Post Qualification exams of May 2021 to commence from Monday, 5th July 2021 The ICAI has issued revised …

ICAI to reopen online window for change of examination city – May / July 2021   ICAI in view of the prevailing COVID-19 situation and in the interest to mitigate the anxiety and hardships of the students, has decided to re –open the online change in examination city …

CA Foundation Exams June/July 2021 postponed. Read Revised Schedule In view of the ongoing COVID-19 the ICAI has postponed the Chartered Accountants Foundation Examination. The said Examinations will, now, be commenced from 24th July, 2021 across the globe. Revised Schedule of Chartered Accountant Foundation Examination June / July …

RBI revises threshold for aggregate exposure limits of borrowing in Resolution Framework-2 for Covid-19 related stress of Individuals and Small Businesses. RBI on 5th May 2021 issued Resolution Framework-2 for Covid-19 related stress of Individuals and Small Businesses. As per the Resolution Plan, lending institutions were permitted to …