Approval u/s 153D granted for six assessment years by a single approval letter was mechanical and bad in law – ITAT In a recent judgment, ITAT Delhi by majority judgment held that approval u/s 153D granted for six assessment years by a single approval letter was mechanical and …
Further extension of due date of 15.09.2025 by one day to 16.09.2025 for filing Income Tax Return CBDT finally extended the due date of 15.09.2025 by only one day i.e. to 16.09.2025 for filing Income Tax Return despite lots of hue and cry made by tax professionals for …
ITAT erred in recalling its original judgment deleting disallowance u/s 36(1)(va) for late deposit of PF based on Supreme Court judgment in Checkmate services which was delivered after the date of ITAT decision. In a recent judgment, Hon’ble Supreme Court has dismissed Special Leave Petition against the decision …
UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26 the period 01.10.2025 to 30.09.2026. Last date for submission of application is 15.09.2025 UCO bank has invited Expression of interest for empanelment of Concurrent Auditors for FY 2025-26 LAST DATE FOR SUBMISSION OF APPLICATION 15.09.2025 UCO Bank Concurrent Auditor …
No restriction that Section 87A rebate is not available for short-term capital gains. In a recent judgment, ITAT Agra has held that there is no restriction in Section 111A or section 87A itself that for income determined in the form of short-term capital gains, rebate under Section 87A …
Homebuyer entitled to possession of the Apartment if their name incorporated in the list of financial creditors – Supreme Court In a recent judgment Hon’ble Supreme Court had held that once the name of homebuyers was incorporated in the list of financial creditors of the corporate debtor published …
Approval u/s 153D granted for six assessment years by a single approval letter was mechanical and bad in law – ITAT In a recent judgment, ITAT Delhi by majority judgment held that approval u/s 153D granted for six assessment years by a single approval letter was mechanical and …
Further extension of due date of 15.09.2025 by one day to 16.09.2025 for filing Income Tax Return CBDT finally extended the due date of 15.09.2025 by only one day i.e. to 16.09.2025 for filing Income Tax Return despite lots of hue and cry made by tax professionals for …
ITAT erred in recalling its original judgment deleting disallowance u/s 36(1)(va) for late deposit of PF based on Supreme Court judgment in Checkmate services which was delivered after the date of ITAT decision. In a recent judgment, Hon’ble Supreme Court has dismissed Special Leave Petition against the decision …
GSTN has issued advisory to taxpayers to reconcile records and file pending GST Returns within expiry of three years as on 1st October 2025 As per the Finance Act,2023 (8 of 2023), dt. 31-03-2023, implemented w.e.f 01-10-2023 vide Notification No. 28/2023 – Central Tax dated 31th July, 2023, …
GST Council recommends changes in GST tax rates to provide relief to individuals, middle class and measures for facilitation of trade. Recommendations of the 56th Meeting of the GST Council held on 3rd September 2025 – There is no change in threshold of the registration required for goods …
Seizure of goods justified when e-way bill was not generated immediately on movement of the goods but was generated after the interception of the goods. In a recent judgment, Hon’ble Allahabad High Court declined to interfere with detention of goods by GST Authorities as e-way bill not generated …
Startup companies may now amalgamate/merge with unlisted companies – The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 The MCA has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 to amend 2016 Rules. Rule 25 related to merger or amalgamation of certain companies has been modified …
MCA amends Indian Accounting Standard (Ind AS) – Classification of current liabilities and disclosure of supplier finance arrangements MCA vide Notification No. G.S.R. 549(E) dated 13.08.2025 has notified the Companies (Indian Accounting Standards) Second Amendment Rules, 2025. The amendments shall come to effect from 19/08/2025. Indian Accounting Standards …
MCA designates three Special Courts for the providing speedy trial of offences under clause (b) of sub-section (2) of section 435 of the Companies Act 2013 Section 435 of the Companies Act provide that The Central Government may, for the purpose of providing speedy trial of offences under this …
Approval u/s 153D granted for six assessment years by a single approval letter was mechanical and bad in law – ITAT In a recent judgment, ITAT Delhi by majority judgment held that approval u/s 153D granted for six assessment years by a single approval letter was mechanical and …
ITAT erred in recalling its original judgment deleting disallowance u/s 36(1)(va) for late deposit of PF based on Supreme Court judgment in Checkmate services which was delivered after the date of ITAT decision. In a recent judgment, Hon’ble Supreme Court has dismissed Special Leave Petition against the decision …
No restriction that Section 87A rebate is not available for short-term capital gains. In a recent judgment, ITAT Agra has held that there is no restriction in Section 111A or section 87A itself that for income determined in the form of short-term capital gains, rebate under Section 87A …
ICAI has hosted Multipurpose Empanelment Form (MEF) of Chartered Accountants/firms for the year 2025-26 The (MEF) of Chartered Accountants/firms for the year 2025-26 has been hosted at www.meficai.org. Information provided through MEF is shared by ICAI with RBI, NABARD and other authorities for the purpose of empanelment for …
ICAI opens branch in Gondia District of Maharashtra ICAI has a opened a Branch of Western India Regional Council in Gondia District of Maharashtra with effect from August 13, 2025. The Gondia Branch of ICAI shall be known as Gondia District Branch of Western India Regional Council and …
ICAI w.e.f. 01.04.2026 puts a limit of 60 number of tax audit assignments u/s 44AB of the Income Tax Act, 1961 by a chartered accountant. The Chartered Accountants (Limit on Number of Tax Audits) Guidelines, 2025. ICAI w.e.f. 01.04.2026 has notified a limit of 60 as the number …
Excel Auto 234ABC Interest Calculator for AY 2025-26 with accurate calculation as per revised provisions. Download for Corporate and Non-corporate Assessees Section 234A, 234B and 234C of the Income tax Act, 1961 deals with interest for delay in ITR Filing or Short/Non deposit of Advance tax. Interest is …
Excel Income Tax Challan ITNS 280 for FY 2025-26 AY 2026-27 with database facility. Download ABCAUS Income Tax payment Challan No. ITNS 280 This excel Challan ITNS 280 for payment of Income Tax should be used for making payment of income tax on companies (corporation tax) or income …
Excel Income Tax TDS Challan ITNS-281 for FY 2025-26 : AY 2026-27 with database facility Income Tax Challan ITNS 281 is used for payment of Tax Deducted at Source (TDS) or Tax Collected at Source (TCS). A PDF version of the challan with instructions can be downloaded from …
UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26 the period 01.10.2025 to 30.09.2026. Last date for submission of application is 15.09.2025 UCO bank has invited Expression of interest for empanelment of Concurrent Auditors for FY 2025-26 LAST DATE FOR SUBMISSION OF APPLICATION 15.09.2025 UCO Bank Concurrent Auditor …
Appointment of Chartered Accountants firm to carry out the work of Tax Audit & filling of income tax return of Haryana Agro Industries Corporation Ltd for the financial year 2024-25 The Haryana Agro Industries Corporation (HAIC) Ltd., Panchkula has invited quotations from the Chartered Accountants firms empanelled with …
Request for Expression of Interest (EOIs) For Empanelment of Chartered Accountants/Chartered Accountant firms/Cost Accountants/Cost Accountant firms for Special Audit of GST registered persons under Section 66 of the Central Goods & Services Tax Act, 2017 Commissioner, CGST & C. Ex., Jammu, Central Board of Indirect Taxes and Customs, …
Goods already imported / shipped / arrived, in advance, but not cleared from Customs may also be cleared for home consumption DGFT has issued a clarification on applicability of Para 2.12 of the Foreign Trade Policy regarding goods already imported / shipped / arrived in advance, but not …
High Court upheld classification of roasted areca nuts under Custom Tariff Entry 2008 19 20 In a recent judgment, the Allahabad High Court held that “roasted areca nuts’ have been rightly classified under Custom Tariff Entry 2008 19 20 ABCAUS Case Law Citation:4601 (2025) (06) abcaus.in HC Important …
Simplification of procedures related to Air Cargo Movement & Transhipment. Harmonise procedure for movement of Unit Load Devices (ULD) outside Customs Area for of high-value or perishable nature of goods in import/export A need was felt for facilitating upgradation of infrastructure and warehousing for air cargo including high …
UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26 the period 01.10.2025 to 30.09.2026. Last date for submission of application is 15.09.2025 UCO bank has invited Expression of interest for empanelment of Concurrent Auditors for FY 2025-26 LAST DATE FOR SUBMISSION OF APPLICATION 15.09.2025 UCO Bank Concurrent Auditor …
Annamalai University invites Tenders from partnership CA firms for the Appointment of Chartered Accountant as Retainer/Consultant for Accounting & Tax Matters. Annamalai University (‘AU’), accredited with ‘A+’ Grade by NAAC in 2022, is one of India’s largest public residential University with 8 Faculties and 52 departments of study. …
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 …
