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Abcaus

FCRA

Associations whose FCRA registration expired can pay penalty and fees from FCRA account

administrator May 15, 2025 FCRA
Associations whose FCRA registration expired can pay compounding penalty and fees from FCRA bank account  FCRA allows association(s) whose FCRA registration validity has expired, to pay the compounding penalty and fees from the FCRA bank account As per Rule 12(5) of the Foreign Contribution (Regulation) Rules 2011 (FCRR, …
Cost accountant Audit CRAs

Cost accountant now eligible to do Internal Audit of Credit Rating Agencies.

administrator May 15, 2025 CA CS CMA, SEBI
Cost accountant included in the list of eligible internal auditor of Credit Rating Agencies. SEBI has included the Cost Accountant as eligible for internal audit of credit rating agencies. It is known that Institute of Cost Accountants of India (ICMAI) is actively representing to the Government/other autonomous bodies …
foreign lawyers

BCI Rules for registration & regulation of foreign lawyers or foreign law firms in India 2022

administrator May 14, 2025 bar-council
BCI lays down Rules for registration & regulation of foreign lawyers or foreign law firms in India 2022 The General Council of Bar Council of India has amended the Bar Council of India Rules for Registration and Regulation of Foreign Lawyers and Foreign Law Firms in India, 2022. …

Dependent mother of deceased also entitled to compensation under Motor Vehicle Act

administrator May 13, 2025 Insurance, Supreme Court
Dependent mother of the deceased also entitled to compensation under Motor Vehicle Act – Supreme Court In a recent judgment Hon’ble Supreme Court has held that dependent mother of the deceased is entitled to compensation under Motor Vehicle Act as obligation of a child to maintain their parent …
income tax

Bank certificate stating fixed deposits not belonged to assessee, discharged him of onus

administrator May 13, 2025 Income Tax, ITAT
Bank certificate stating that fixed deposits did not pertain to the assessee, despite PAN of assessee used, the onus casted upon the assessee stood discharged – ITAT In a recent judgment ITAT Mumbai deleted addition u/s 69A observing that once the bank issued a certificate stating that the …
IOB Concurrent Auditor Empanelment

IOB Concurrent Audit Empanelment for the Financial Year 2025-26. Last Date: 28.05.2025

administrator May 13, 2025 Concurrent Audit, Empanelment
Indian Overseas Bank Concurrent Audit Empanelment for the financial year 2025-26 (from 01.07.2025 to 30.06.2026)   Indian Overseas Bank has invited online applications for Bank Concurrent Audit Empanelment for the financial year 2025-26. IOB Concurrent Audit Empanelment The following basic criteria will be adhered to in selection of …

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