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Abcaus

chartered accountant misconduct

CA guilty of outraging modesty of a woman, lowered dignity of the profession

administrator February 12, 2019 ICAI
CA guilty of outraging modesty of a woman and/or other offences involving moral turpitude, ICAI has power to hold that the conduct was below the dignity of the profession – High court ABCAUS Case Law Citation: ABCAUS 2780 (2019) (02) HC Important Case Laws Cited/relied upon by the …
income tax

Recovery of Tax from Travel Khana not on account of angel tax-CBDT justifies action

administrator February 12, 2019 Income Tax
Recovery of Tax from Travel Khana not on account of angel tax-CBDT justifies action and clarifies that addition was made for unexplained cash credits Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 8th February, 2019 PRESS RELEASE Note on Recovery of Tax in the …
icai

For external confirmations auditors should use Information Utility platform as per NFRA advice

administrator February 12, 2019 ICAI
For external confirmations as per SA 505 auditors should use Information Utility platform of National e-Governance Services Limited as per NFRA advice ANNOUNCEMENT FOR THE ATTENTION OF THE MEMBERS Using Information Available at Information Utility (IU) Platform for External Confirmations 1 Standards on Auditing (SAs) recognize the importance of …
mca notification

Companies (Significant Beneficial Owners) Amendment Rules, 2019

administrator February 11, 2019 Companies Act
Companies (Significant Beneficial Owners) Amendment Rules, 2019 Government of IndiaMINISTRY OF CORPORATE AFFAIRS Notification New Delhi, dated 08.02.2019 G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 90 of the Companies Act, 2013 (18 of 2013), the Central …
Supreme Court judgment

Important rulings of SC on section 30(4) of IBC 2016 relating to voting percentage etc.

administrator February 11, 2019 bankruptcy, Supreme Court
Important rulings of Supreme Court made while dismissing appeals against the NCLAT Order on section 30(4) relating to voting percentage etc. ABCAUS Case Law Citation:ABCAUS 2779 (2019) (02)SC This note has been prepared by Legal Division of the IBBI for the sole purpose of creating awareness and must …
jewellery found in search

Jewellery Bills found during search-Benefit of CBDT Instruction available if only bills are found

administrator February 10, 2019 Income Tax, ITAT
Jewellery Bills found during search-benefit of CBDT Instruction can not be denied if only bills are found and the jewellery is not available ABCAUS Case Law Citation: ABCAUS 2778 (2019) (02) ITAT Important Case Laws Cited/relied upon by the parties CIT V Rtanlal Vyaparilal Jain 339 ITR 351 …

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