Personal appearance of a director is not a statutory substitute for documented traceability in a corporate assessment – High Court In a recent judgment, High Court has held that personal appearance of a director is not a statutory substitute for documented traceability in a corporate assessment, especially when …

Jharkhand Gramin Bank invites applications for the post of concurrent auditors Jharkhand Gramin Bank is inviting applications from Retired officers of Bank for the post of concurrent auditors on contract basis, details of which are as under: (1) Name of the Post: Concurrent Auditor (2) Nature of Post – …

Claim of exemption u/s 10(26) of the Act cannot be granted merely on the basis of tribal status and residence – ITAT In a recent judgment, ITAT Guwahati has held that the claim of exemption u/s 10(26) of the Act cannot be granted merely on the basis of …

Statement recorded during search on standalone basis has no evidentiary value and cannot be acted upon to fasten any liability on the assessee – ITAT In a recent judgment, ITAT Hyderabad has held that a statement of assessee recorded at the time of search on standalone basis has …

Spectrum allocated to TSPs and shown in books of account as asset cannot be subjected to proceedings under IBC, 2016. In a recent judgment, Hon’ble Supreme Court has held that spectrum allocated to Telecom Service Provider (TSP) and shown in their books of account as an “asset” cannot …

Online empanelment of CA firms / LLPs firms with CAG for the year 2026-27 available on CAG website www.care.cag.gov.in from 13 February to 02 March 2026 CAG Empanelment of Chartered Accountant firms/LLPs for the year 2026-27 Online Applications are invited from Chartered Accountant firms/LLPs who desire to be …