Bombay High Court quashes order and reopening notice for Smt. Sunita Purushottam Virgincar, ruling Section 5A of IT Act does not apply due to Portuguese Civil Code.
Disciplinary Committee finds CA. Sanjay Gupta not guilty of professional misconduct regarding alleged fabricated entries in the audit of Catholic Association of Bengal.
An ICAI Disciplinary Committee found CA. Sanjay Gupta not guilty of professional misconduct related to a Rs. 17 lakh fixed deposit discrepancy in audit reports for the Catholic Association of Bengal.
ICAI suspends CA for 3 months, imposes ₹1 lakh fine for failing to detect bogus donations and purchases during society audit for FY 2012-14.
ICAI finds CA guilty for certifying MGT-14 with copy-pasted signatures; disciplinary action taken following self-admission and committee hearing.
Finance Act 2023 updates the process for filing applications under Section 10(46A) of the Income-tax Act. Standardized procedures are now in place.
As per Section 18(6) of the Central Goods and Service Tax Act, 2017 In case of supply of capital goods or plant and machinery, on which input tax credit has been taken, the registered person shall pay an amount equal to the input tax credit taken on the said capital goods or plant and machinery […]
The Ministry of Finance designates new special courts in Kerala for PMLA cases, updating jurisdiction for various districts in the state as of August 19, 2024.
Calcutta HC remands Somnath Commosales Pvt Ltd case to AO for fresh assessment. The final opportunity is granted; non-cooperation will result in no further indulgence.
Allahabad High Court ruled Section 130 of GST Act can’t be applied for excess stock found during search; Section 73/74 should be used for tax determination.
