ICAI reprimands CA Pawan Jain for professional misconduct in audit reports for FY 2016–17 and 2017–18, imposes ₹50,000 fine.
ICAI reprimands CA Dinesh Patidar for audit lapses in FY 2012–14; fined ₹50,000 for professional and other misconduct under the Chartered Accountants Act.
The ICAI Disciplinary Committee found CA. Shrikant Yadav not guilty of misconduct, ruling that he exercised due diligence in certifying a company form.
This summary details the disciplinary case against CA Mala Todarwal concerning the certification of Form AOC-4 for M/s. Chang Chun Chemical India Pvt. Ltd. The committee’s findings are based on a procedural error involving unsigned financial statements.
CBIC highlights drug awareness efforts in Kanpur, major cocaine seizure in Mumbai, and wildlife smuggling interception in Bengaluru in its latest update.
CBIC amends CGST powers for Additional Commissioners via Notification 27/2024. Effective 1st Dec 2024, updated powers cover notices under CGST Act sections.
CBDT grants SKAN Research Trust approval as a research association for scientific research under Section 35 of the Income Tax Act, effective FY 2024-25.
Present appeal has been filed by the appellant mainly contesting that whether the Tribunal was right in holding that there has been no diversion of income by overriding charge in respect of amount transferred to Statutory Reserve Fund in compliance with the mandatory provisions of Sec.45IC read with Sec. 45Q of RBI Act.
In Sanjay Gandhi Memorial Trust v. Commissioner of Income Tax (Exemption), the Court concluded that, while the faceless system centralizes case handling through the NFAC, this framework does not completely replace or nullify the JAO‘s role.
The Appellant had filed appeal seeking direction against the Secretary, Ministry of Coal-Respondent No.1 and Coal Controller-Respondent No.2 not to withdraw the mine opening permission in respect of Marki Mangle – I Coal Block.
