Explore the significance of professional skepticism in auditing, its application, and the need for effective documentation. Understand its role in enhancing audit quality.”
Regulations for software export depend upon the medium used. Learn how the export of software through data communication links from domestic tariff area is regulated by RBI and their Master Circulars in this article. Export of Software through Communication Links- FEMA Perspective
ITAT Delhi dismisses appeal, upholding taxability of interest received under Section 28 of Land Acquisition Act as income from other sources. Details of the case here.
Madras High Court directs Customs authorities to review representation of Jineshwar Enterprise regarding seized imported goods. Know details of court order.
Read the full text of the CESTAT Chennai order in the Sinnamani Vs Commissioner of Customs case. CESTAT quashes penalty under Section 117 of the Customs Act, citing the absence of direct evidence of connivance. Explore the analysis and conclusion of the order.
In a recent appeal, Halo Technologies challenges the CIT(A)’s order on late fees under Section 234E of the Income Tax Act. ITAT Mumbai directs re-adjudication, citing lack of opportunity for the Assessee to explain the delay. Full text of the ITAT order dated 20.10.2023.
Explore the CESTAT Mumbai order on Bunty Foods’ CENVAT credit dispute for outward transportation. Analysis, legal insights, and implications explained.
Explore ITAT Delhi’s decision in DCIT Vs Bharti Realty Holdings Ltd, allowing previously disallowed losses due to incorrect interpretation of Section 43(6) provisions.
Explore the ITAT Mumbai’s reversal of CIT(A)’s order in Laxman Mahadev Patil Vs ITO case for not passing a merit-based decision. Read the full text and analysis.
Learn difference between Loan Against Property and Home Loan. Uncover nuances between two different types of mortgage loans to make informed decisions.
