Disallowance u/s 40(a)(ia) for non deduction of TDS on amount credited to Provision account deleted by High Court on principles of consistency ABCAUS Case Law CitationABCAUS 3460 (2021) (02) HC Important case law relied referred:Bharat earth movers vs. CIT (2000) 245 ITR 428 (SC)Parashuram Pottery Works Co. Ltd. …

MCA & CBIC signed MOU for data exchange  The Ministry of Corporate Affairs (MCA) and Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, here today signed a Memorandum of Understanding (MOU) for data exchange between the two organisations. The MoU was signed by Shri Manoj …

ICAI Educational Material on IndAS 105 Non-current Assets Held for Sale & Discontinued Operations ICAI releases Educational Material on IndAS 105, Non-current Assets Held for Sale and Discontinued Operations Ind AS 105 prescribes the accounting treatment for non-current assets held for sale and, and the presentation and disclosure …

ICAI further extends last date for Waiving-off Condonation fees due to late filing of various application Forms by Students, Articled Assistants Extension in the last date for Waiving-off Condonation fees due to late filing of various application Forms related to Students and Articled Assistants amidst COVID-19 Pandemic ICAI …

Persons who do not require Aadhaar number / authentication for GST Registration u/s 25 notified by CBIC Government of India Ministry of Finance (Department of Revenue)Central Board of Indirect Taxes and Customs Notification No 03/2021-Central Tax New Delhi, the 23rd February,2021 G.S.R…..(E).- In exercise  of  the  powers  conferred …

Policy & Guidelines for setting up of Inland Container Depots Container Freight Stations (CFSs) and Air Freight Stations (AFSs) Circular No. 06/2021–Customs F. No. 394/29 /2020-Cus (AS)Government of India Ministry of Finance Department of RevenueAnti-Smuggling Unit (CBIC) Room No. 501, 5th Floor, Hudco Vishala Building,K. Puram, New Delhi. …