Assessee through bills established co-relation between sales and purchase and merely not producing original bills cannot make purchase bogus
Lapses relate to the EP’s failure to identify and report material mistatements in the financial statements, standard of audit work performed falling way below the mandatory standards prescribed under the Act and required of an auditor of a PIE.
ICSI developed separate google forms to obtain the details of such issues so as to sort them for easy redressal. On the basis of the information received, the same will be communicated to the MCA/LTI for early resolution.
Tripura Gramin Bank, Agartala, Tripura Invitation of Application for Empanelment of CA firms for Concurrent Audit, External Auditor for Revenue and Stock Audit and ERO. TRIPURA GRAMM BANK HEAD OFFICE: ABHOYNAGAR, AGARTALA,PIN-799-005 INSPECTION & AUDIT DIVISION Email: hodinsp@tripuragraminbank.co.in Mobile: 7005585375 Ref. No. TGB/HO/INSP/F.TGB CA & ERO/2023 Date: 20.04.2023 INVITATION OF APPLICATION FOR EMPANELMENT OF CA […]
Issuance of notice & initiation of re-assessment proceeding beyond six years is barred by limitation under Section 147 of Income Tax Act
CGST authority concerned to restore the petitioner’s registration and open the portal for a period of 15 days from date to enable the petitioner to make the payment of revenue due if any by the respondent authority concerned within 31st March, 2023.
Sabu Puthen Veedu Vs Assistant Commissioner of State Tax (Kerala High Court) The petitioner has approached this Court seeking to quash Ext.P2 order based on Ext.P1. Ext.P2 is the demand raised. The order is dated 20.12.2021. The petitioner has not chosen to exhaust the statutory remedies available against Ext.P2 and after waiting for more than […]
Thankamma Vs Taxation Officer (Kerala High Court) The petitioner, was the registered owner of a heavy goods vehicle bearing Registration No.KL-19-7599. The petitioner had sold the said vehicle, on 01.07.2019, to one Mr. Noushad K.H. The vehicle was sold for the purpose of scrapping the same, but, later the petitioner was served with Ext.P1 demand […]
Pallava Textiles Private Limited Vs ITO (ITAT Chennai) In this case, the Assessing Officer has initiated penalty proceedings under section 270A of the Act for under-reported income. The Assessing Officer issued show-cause notice under section 274 r.w.s. 270A of the Act calling explanations from the assessee as to why penalty cannot be levied for under-reporting […]
HC granted interim protection on levy of GST on mining lease / royalty upon the petitioner who is lessee of minor minerals
