1. Like every year, Office of the Comptroller and Auditor General of India invited online applications from Chartered Accountant firms/LLPs who desire to be empanelled with their office for the year 2021-2022 for the purpose of appointment of auditors of Companies as per Sections 139 (5) …
Judgement:- The Madras High Court while quashing the impugned order held that the recovery of tax in advance by inspecting officials is illegal. Facts of the case:- The Petitioner, M/s. Sri Ganesh Lubricants, challenged the demand of the Commercial Tax Officer calling upon the petitioner to …
Judgement:- The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that an assessment order cannot be termed as “erroneous” unless it is not in accordance with the law. Facts of the case:- The assessee, Versova Shanti Co.op. Housing Soc. Ltd. was assessed for the year under …
1. The next practical training assessment is being conducted online on January 9, 10, 16 and 17, 2021. The students who have completed their 1st/ 2nd year of practical training during April 1, 2019 – September 30, 2020, are eligible to appear in this test. If …
1. The next CA Examinations are scheduled to be held from 21st JANUARY to 7th FEBRURY 2021. 2. In continuation to the Announcement dated 20th August 2020, regarding empanelment to act as observer at exam centres, it is informed that the window for empanelment of members …
1. The finance ministry has listed several measures taken by the government in 2020 for the common people. As the year comes to an end, let us glance through the key initiatives/announcements along with their progress undertaken by Ministries of Finance & Corporate Affairs during the …
1. The Institute of Chartered Accountants of India (ICAI) notified changes in Form 18 for change in Particular CA offices and firms. 2. The Institute has notified its Draft Chartered Accountants (Amendment) Regulations, 2020 proposed which changes to FORM ‘18’ related to Particular of offices and …
CA’s challenge tax audit limit:- Writ petitioners have challenged validity of Chapter VI of Guidelines No.1‑CA(7)/02/2008 dated 08.08.2008 issued by the Council of petitioner Institute on the ground that the same is violative of Article 19(1)(g) of the Constitution of India. This has happened in the …