Placing Genset in steel container & fitting it with additional integral parts amounted to manufacture In a recent judgment, Hon’ble Supreme Court has held that process of placing Genset within steel container and fitting container with additional, integral components brings into existence a new, distinct, and marketable commodity. …
CBIC has issues FAQs on GST Rate Rationalization based on recommendations of the GST Council in its 56th Meeting on 3rd September, 2025 Frequently Asked Questions on GST Rate Rationalization Q1. Is it required to recall and re-label MRP on medicines already in the supply chain before 22nd …
CBIC issues FAQs on GST Rate Notifications issued as per recommendations of the GST Council in its 56th meeting on 3rd September 2025 FAQs on GST Rate Notifications issued on 17.09.2025 Question 1. In which notification will I find the CGST rates changes for goods? Is a new …
Registered person whose aggregate turnover does not exceed two crore rupees, exempted from filing annual return for that financial year. Ministry of Finance(Department of Revenue)(Central Board of Indirect Taxes and Customs) New Delhi, the 17th September, 2025 Notification No. 15/2025 – Central Tax S.O. 4205(E).— In exercise of …
Government has notified Cases / class of cases in respect of which appeal shall be heard only by the GSTAT Principal Bench Ministry of Finance (Department of Revenue) NOTIFICATION New Delhi, the 17th September, 2025 S.O. 4219(E).—In exercise of the powers conferred by the third proviso to sub-section …
30.06.2026 notified as date for filing GSTAT appeal for orders before 01.04.2026 Appeal can be filed before GST Appellate Tribunal up to 30.06.2026 for orders communicated before 1st April, 2026 Ministry of Finance(Department of Revenue) Notification New Delhi, the 17th September, 2025 S.O. 4220(E).—In exercise of the powers …
ITR due date extension – Would High Court order force CBDT to extend the date? What is likely result of a Writ Petition in High Court on the issue of due date extension There are reports that one Tax Practitioner’s Association has declared its intention to approach High …
CBDT prescribes Best Practices and Standard Operating Procedure for Assessing Capital Gains on Joint Development Agreements (JD As) under Section 45(5A) of the Income Tax Act, 1961. Joint Development Agreement (JDA) means a registered agreement in which a person owning land or building agrees to allow another person …
Payments made to honorary doctors by the hospital were professional payments liable to TDS u/s 194J not under section 192 as salary. In a recent judgment, Bombay High Court held that payments made to honorary doctors by the hospital were professional payments liable to TDS u/s 194J and …
CBIC has issues FAQs on GST Rate Rationalization based on recommendations of the GST Council in its 56th Meeting on 3rd September, 2025 Frequently Asked Questions on GST Rate Rationalization Q1. Is it required to recall and re-label MRP on medicines already in the supply chain before 22nd …
CBIC issues FAQs on GST Rate Notifications issued as per recommendations of the GST Council in its 56th meeting on 3rd September 2025 FAQs on GST Rate Notifications issued on 17.09.2025 Question 1. In which notification will I find the CGST rates changes for goods? Is a new …
Registered person whose aggregate turnover does not exceed two crore rupees, exempted from filing annual return for that financial year. Ministry of Finance(Department of Revenue)(Central Board of Indirect Taxes and Customs) New Delhi, the 17th September, 2025 Notification No. 15/2025 – Central Tax S.O. 4205(E).— In exercise of …
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 …
Placing Genset in steel container & fitting it with additional integral parts amounted to manufacture In a recent judgment, Hon’ble Supreme Court has held that process of placing Genset within steel container and fitting container with additional, integral components brings into existence a new, distinct, and marketable commodity. …
Payments made to honorary doctors by the hospital were professional payments liable to TDS u/s 194J not under section 192 as salary. In a recent judgment, Bombay High Court held that payments made to honorary doctors by the hospital were professional payments liable to TDS u/s 194J and …
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 …
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, …
Placing Genset in steel container & fitting it with additional integral parts amounted to manufacture In a recent judgment, Hon’ble Supreme Court has held that process of placing Genset within steel container and fitting container with additional, integral components brings into existence a new, distinct, and marketable commodity. …
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 …
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 …
