A sample engagement letter for Virtual CFO services, detailing scope of work, terms of engagement, fee structure, confidentiality clauses and deliverables for financial management.
A summary of a Standard Operating Procedure (SOP) for a Virtual CFO, detailing the process from client onboarding and proposal to service delivery, communication, and project exit.
A summary of the eligibility criteria for the AEO-T3 certificate, outlining requirements for continuous AEO-T2 status or business partner certifications, and its associated benefits.
The Delhi ITAT has deleted an addition under Section 69A for unexplained cash deposits made during demonetization, finding the assessee’s explanation to be justified.
ITAT Delhi has deleted a disallowance of cash salary payments, finding that assessee had provided sufficient employee details that were not properly considered by tax authorities.
Allahabad High Court quashes GST registration cancellation for lack of stated reasons, citing judicial precedents that mandate reasoned orders and allow for fresh adjudication.
The Madras High Court addressed a GST payer’s claim of overlapping jurisdiction between Central and State authorities, finding no such case but granting partial relief.
The Kolkata ITAT upheld a Section 14A disallowance, stating there was no breach of natural justice when the AO invoked Rule 8D(2)(iii) after the assessee’s reply was considered.
The ITAT Mumbai has ruled that an employee embezzlement loss is a business deduction, confirming it can be claimed in the year of discovery as per a CBDT circular.
Allahabad HC rules Income Tax Department lacked proof of proper order upload, allowing Shri Bala Ji Stone Works to treat SCN as final notice for a new reply.