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Abcaus

Company incorporation

MCA notifies SPICe Plus & web service RUN for reservation / change of company name

administrator February 23, 2020 Companies Act
MCA notifies SPICe Plus INC-32 application for reservation of company name, and change of name by using web service RUN (Reserve Unique Name) MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th February, 2020 G.S.R 128(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section …
Company Secretary misconduct

Complainant using ICSI to recover alleged dues only a serious matter, need to be looked into

administrator February 22, 2020 CA Appellate Authority, ICSI
Complainant using ICSI to recover alleged dues only a serious matter and need to be looked into when he settled the dispute without informing Institute ABCAUS Case Law Citation:ABCAUS 3266 (2020) (02) AA In the instant case, the Appellant was a practicing company secretary who had preferred an …
ICAI IIM MOU Jammu

ICAI signs MoU with IIM Jammu. Executive training programs exclusively for CAs

administrator February 22, 2020 ICAI
ICAI signs MoU with IIM Jammu. IIM to offer executive training programs exclusively for the Chartered Accountants ICAI Press Release ICAI signs MoU with IIM Jammu   The Institute of Chartered Accountants of India (ICAI) signed a Memorandum of Understanding (MoU) with Indian Institute of Management (IIM) Jammu …
Assessment

Assessment u/s 153A has to be on the basis of seized material. It can’t be arbitrary/without nexus

administrator February 22, 2020 Income Tax, ITAT
Assessment u/s 153A has to be made only on basis of seized material. Assessment can not be arbitrary or without any relevance or nexus with seized material ABCAUS Case Law Citation:ABCAUS 3265 (2020) (02) ITAT Important case law relied upon by the parties:Kabul Chawla, 380 ITR 573.Chintels India …
Revision u/s 263

CIT should make detailed enquiry at revision stage if he wants to take different view

administrator February 22, 2020 Income Tax, ITAT
CIT should make detailed enquiry at revision stage if he wants to take a different view and give finding how assessment order is erroneous and prejudicial to the interests of Revenue ABCAUS Case Law Citation:ABCAUS 3264 (2020) (02) ITAT Important case law relied upon by the parties:Malabar Industrial …
e-assessment

e-Assessment proceedings can lead to erroneous results without personal hearing

administrator February 22, 2020 High Courts, Income Tax
e-Assessment proceedings can lead to erroneous assessment if AO not able to understand transactions and accounts without a personal hearing ABCAUS Case Law Citation:ABCAUS 3263 (2020) (02) HC Important case law relied upon by the parties:Smt. Shrilekha Banerjee Vs. CIT 1964 AIR SC 697 In the instant case, …

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