ICAI elects President and Vice President for the term 2020-21 CA. Atul Kumar Gupta has been elected as President of The Institute of Chartered Accountants of India for the term 2020-21 on 12th February 2020. he joined the Central Council of ICAI in 2013 wherein he remained a …
Appeal allowed as assessee was illiterate, did not get good legal advice. Even proper and appropriate grounds could not be raised before CIT(A) ABCAUS Case Law Citation:ABCAUS 3253 (2020) (02) ITAT In the instant case, appeal was filed by the assessee against the order of the CIT(A) in …
Penalty u/s 271(1)(c) for inadvertent error of accountant deleted as assessee revised belated return and his conduct was not contumacious ABCAUS Case Law Citation:ABCAUS 3252 (2020) (02) ITAT Important case law relied upon by the parties:CIT vs Fortune Hotels and Estates (P.) Ltd., 52 taxmann.com 330 (Bombay)Price Waterhouse …
CBI arrested GST Official and middleman asking bribe and monthly payment. Read Conversation secretly recorded The Central Bureau of Investigation (CBI) has arrested a private person, resident of Delhi and a Goods & Services Tax Officer (Gopal Krishna Madhav) in Trade & Taxes Department, Government of NCT Delhi …
ICAI Practitioner’s Guide to Audit of Small Entities (Revised 2020) Naturally speaking, audit of small entities is relatively easier than the audit of large entities. However, auditors has to understand and consider typical features associated with small entities. In small entities, generally there is lack of internal control, …
CA firms empanelment with NFRA as technical reviewers. Applications invited. Last date to apply is 23.03.2020 Invitation of applications from firms (partnership /limited liability partnership/proprietary concern) of practicing chartered accountants for empanelment as technical reviewers (TRs) with the national financial reporting authority (NFRA) Date of Advertisement publishing: 7th …
