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Archive: 01 July 2023

Posts in 01 July 2023

Come! Let’s pray on Chartered Accountants Day!!

July 1, 2023 2382 Views 1 comment Print

Celebrate Chartered Accountants Day (1st July) with a poetic journey, praying for qualities like super consciousness, planned approach, transparency, perpetuity, stress-free work, intellectual prowess, and staying updated. Seek blessings to soar high with the qualities of Garuda, the emblem of ICAI. Join the poetic tribute to this esteemed profession

CAG Set To Explore New Audit Areas

July 1, 2023 2448 Views 0 comment Print

Explore the latest developments as the Comptroller and Auditor General of India adopts an end-to-end digital framework, delving into new audit areas like underwater extraction industries. Discover the benefits of this transition, focusing on accuracy, efficiency, and the incorporation of technology for improved audit processes.

Empanelment of Stock and Credit Auditors – Canara Bank, Patna Circle Office

July 1, 2023 8970 Views 0 comment Print

CANARA BANK, Circle Office, Hyderabad invites applications for empanelment of Stock/credit Auditors (Fresh) under Hyderabad circle for a period of five years

Impressive Growth in India’s GST Collection in June 2023

July 1, 2023 2127 Views 0 comment Print

In June 2023, India’s gross GST revenue hit ₹1,61,497 crore, indicating a 12% year-on-year growth. This marks the fourth instance where the gross GST collection has surpassed the ₹1.6 lakh crore mark since the implementation of the GST regime. It also marks the 16th consecutive month where the collections have been more than ₹1.4 lakh […]

ITAT Upholds disallowance for belated employees’ contributions to PF/ESIC

July 1, 2023 660 Views 0 comment Print

Learn about the pivotal judgement in the BT Data & Surveying Services India Pvt Ltd Vs ITO case, where ITAT Delhi upholds disallowance for belated employees’ contributions to PF/ESIC.

Delayed Employee Contribution to ESI/PF disallowed in Section 143(1) Proceedings

July 1, 2023 3543 Views 0 comment Print

Understand the recent ruling by ITAT Delhi in the case of Savleen Kaur Vs ITO, affirming that a delayed deposit of Employees Contribution to ESI/PF can be disallowed by CPC in Section 143(1) proceedings.

ITAT upheld disallowance of Belated Employee Contribution to EPF/ESIC in Section 143(1) Proceedings

July 1, 2023 1164 Views 0 comment Print

Learn about the latest judgement from ITAT Delhi, where it upheld the disallowance of belated employee contributions to EPF/ESIC in section 143(1) income tax proceedings.

Definitions Under Section 2 of CGST Act, 2017- Detailed Analysis

July 1, 2023 33201 Views 0 comment Print

Delve into the detailed analysis of CGST Act, 2017, Section 2 definitions, including actionable claim, address of delivery, address on record, adjudicating authority, agent, aggregate turnover, agriculturist, and appellate authority. Understand the legal nuances, significance, and implications of each definition for proper compliance with GST regulations.

An In-depth Exploration of Goods and Services Tax (GST) in India

July 1, 2023 2184 Views 0 comment Print

Understand complex world of GST with this detailed analysis. Discover its origin, benefits, implementation, dual nature, and impact on India’s economy.

Pros & Cons of a Private Limited Company : A Comprehensive Guide

July 1, 2023 3648 Views 0 comment Print

Dive into the world of private limited companies. Explore their definitions, benefits, drawbacks, and implications in the business landscape.

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