CAs also help in bringing transparency in the political system of the country said ICAI President referring to Guidance Note on Accounting of Political Parties ICAI President, CA Prafulla Chhajed, in his message has stated that being harbingers of growth and partnerin-nation-building, the Chartered Accountants have an important …

Deduction u/s 80IB allowed when assessee was not owner of the land and undertook housing project at their own risk and cost- Supreme Court dismisses SLP of Department ABCAUS Case Law Citation: ABCAUS 2854 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Commissioner of Income …

The Show cause notice issued for change in excise classification of goods was barred by limitation, as it was intimated – SC dismissed appeal of the Department ABCAUS Case Law Citation:ABCAUS 2853 (2019) (04) SC The appellant had changed the goods classification under Central Excise Tariff Act, 1985. …

GST Revenue collection for March, 2019 crossed Rupees One Lakh Crore and recorded Highest Collections in the FY 2018-19  Total Gross GST revenue collected in the month of March, 2019 is Rs. 1,06,577 crore of which CGST is Rs. 20,353 crore, SGST is Rs. 27,520 crore, IGST is Rs. 50,418 crore (including Rs. 23,521 crore collected on imports) …

Branches of Vijaya Bank and Dena Bank to operate as branches of Bank of Baroda from 01.04.2019 Reserve Bank of India Date : Mar 30, 2019 Branches of Vijaya Bank and Dena Bank to operate as branches of Bank of Baroda from April 1, 2019 The Amalgamation of Vijaya …

Interest cost for the period for which capital asset was held by the assessee prior to sale not deductible u/s 48 in computing capital gain u/s 45 ABCAUS Case Law Citation: ABCAUS 2852 (2019) (04) ITAT Important Case Laws Cited/relied upon by the parties Habib Hussein v. CIT …