"01 July 2023" Archive

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

The poem titled ‘Chartered Accountants Day’ celebrates the significance of this specific day (1st July) dedicated to chartered  accountants. It emphasizes the importance of certain qualities and aspirations associated with the profession. Here’s a breakdown of the main themes and messages conveyed in each stanza: Charte...

CAG Set To Explore New Audit Areas

Abstract:-  Comptroller and Auditor General of India, the supreme audit institution of the country, will be exploring new audit areas, like extraction industries underwater and releasing more reports as the apex government auditor adopts end-to-end digital framework from this fiscal year. Introduction:-  In a media interaction post th...

Posted Under: CA, CS, CMA |

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

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

Posted Under: CA, CS, CMA | ,

Impressive Growth in India’s GST Collection in June 2023

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 ₹...

Posted Under: CA, CS, CMA |

ICSI: Extension of Last Date For Obtaining Mandatory CPE Credits

Stay informed about the ICSI's decision to extend the last date for obtaining mandatory CPE credits and the payment of the annual membership fee. Read to learn about the key details and implications....

Posted Under: CA, CS, CMA |

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

BT Data and Surveying Services India Pvt Ltd Vs ITO (ITAT Delhi)

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

Savleen Kaur Vs ITO (ITAT Delhi)

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

Weather Comfort Engineers Private Limited Vs ADIT-CPC (ITAT Delhi)

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

Section 2 (1) – Actionable claim: The relevant section is as follows: “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882 (4 of 1882); Section 2(1) of the Central Goods and Services Tax (CGST) Act defines the term “actionable claim.”: 1. Actionable Claim: [&...

Posted Under: CA, CS, CMA |

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

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

Posted Under: CA, CS, CMA |

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