Section 292BB of the Income Tax Act, 1961 does not preclude Assessee raising objection for non issuance of notice u/s 143(2) of the Act In a recent judgment, Hon’ble Supreme Court has held that Section 292BB of the Income Tax Act, 1961 does not preclude an assessee from …
Expression “reason to believe” in Section 147 means cause or justification. The AO need not have finally ascertained the fact by legal evidence or conclusion. In a recent judgment, Hon’ble Supreme Court has held that the expression “reason to believe” in Section 147 of the Income Tax Act, …
CBIC has issued clarification that omission of rule 96(10) of the CGST Rules will be effective retrospectively from 23.10.2017. Circular No. 264/10/2026-GST F. No. CBIC-20001/2/2026-GST Room No. 16039, Kartavya Bhawan-01 New Delhi, Dated: 26.10.2026 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes …
Clarification on Input Tax Credit admissibility to authorised agents appointed by manufacturers for sale of motor vehicles Circular No. 262/08/2026-GST F. No. CBIC-20001/2/2026-GST Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes & Customs GST Policy Wing Room No. 16039, Kartavya Bhawan-01 New …
Clarification on issues related to provisions of section 17(4) of the Central Goods and Services Tax Act, 2017 CBIC has issued clarification to the representations received regarding varying practices being followed by the banking companies or financial institutions, including non-banking financial companies, engaged in supplying services by way …
Clarification on Issues pertaining to Input Service Distributor CBIC has issued FAQs on Issues pertaining to Input Service Distributor under provisions of section 2(61) and section 20 of Central Goods and Services Tax Act, 2017 and rule 39 and rule 54(1A) of Central Goods and Services Tax Rules, …
Section 292BB of the Income Tax Act, 1961 does not preclude Assessee raising objection for non issuance of notice u/s 143(2) of the Act In a recent judgment, Hon’ble Supreme Court has held that Section 292BB of the Income Tax Act, 1961 does not preclude an assessee from …
Expression “reason to believe” in Section 147 means cause or justification. The AO need not have finally ascertained the fact by legal evidence or conclusion. In a recent judgment, Hon’ble Supreme Court has held that the expression “reason to believe” in Section 147 of the Income Tax Act, …
Notice u/s 148 set aside as it was issued on the basis of same facts and material which were already examined by the CIT(A) in favour of the assessee. In a recent judgment, Hon’ble High Court has set aside notice issued u/s 148 for reopening the assessment, on …
CBIC has issued clarification that omission of rule 96(10) of the CGST Rules will be effective retrospectively from 23.10.2017. Circular No. 264/10/2026-GST F. No. CBIC-20001/2/2026-GST Room No. 16039, Kartavya Bhawan-01 New Delhi, Dated: 26.10.2026 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes …
Clarification on Input Tax Credit admissibility to authorised agents appointed by manufacturers for sale of motor vehicles Circular No. 262/08/2026-GST F. No. CBIC-20001/2/2026-GST Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes & Customs GST Policy Wing Room No. 16039, Kartavya Bhawan-01 New …
Clarification on issues related to provisions of section 17(4) of the Central Goods and Services Tax Act, 2017 CBIC has issued clarification to the representations received regarding varying practices being followed by the banking companies or financial institutions, including non-banking financial companies, engaged in supplying services by way …
Corporate Social Responsibility implementation through zero coupon zero principal instruments Ministry of Corporate Affairs (MCA) has authorised Corporate Social Responsibility (CSR) implementation through zero coupon zero principal instrument. The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026 provides that a company may carry out Corporate Social Responsibility activities …
ABCAUS Excel Depreciation Calculator FY 2025-26 under Companies Act 2013 as per Schedule-II Version 05.05 The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in March, 2015. The ABCAUS Depreciation calculator for FY 2025-26 has also been formulated and styled the same way as its …
MCA issues 17 FAQs on Companies Compliance Facilitation Scheme 2026 (CCFS-2026) Ministry of Corporate Affairs vide General Circular No. 01/2026 dated 24.02.2026 introduced Companies Compliance Facilitation Scheme, 2026 to give a one-time opportunity to allow defaulting companies to file their documents related to Annual Return and Financial Statements …
Section 292BB of the Income Tax Act, 1961 does not preclude Assessee raising objection for non issuance of notice u/s 143(2) of the Act In a recent judgment, Hon’ble Supreme Court has held that Section 292BB of the Income Tax Act, 1961 does not preclude an assessee from …
Expression “reason to believe” in Section 147 means cause or justification. The AO need not have finally ascertained the fact by legal evidence or conclusion. In a recent judgment, Hon’ble Supreme Court has held that the expression “reason to believe” in Section 147 of the Income Tax Act, …
Notice u/s 148 set aside as it was issued on the basis of same facts and material which were already examined by the CIT(A) in favour of the assessee. In a recent judgment, Hon’ble High Court has set aside notice issued u/s 148 for reopening the assessment, on …
ICAI issued Guidelines for responding to Tenders by Chartered Accountants The ICAI has issued Tender guidelines to Chartered Accountants for responding to tenders with our without prescribing any minimum fee. GUIDELINES ON TENDERS THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA The Institute of Chartered Accountants of India (ICAI) …
Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of Chartered Accountant Members to act as Observers at Examination Centres for The Chartered Accountants Examinations to be held in January 2027. ICAI proposes to empanel members to act …
ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th September 2026. ICAI hosted the Multipurpose Empanelment Form (MEF) for the year 2026-27, which is available at https://meficai.org/. As per ICAI Announcement in this regard, it is advised …
ABCAUS Excel Depreciation Calculator FY 2025-26 under Companies Act 2013 as per Schedule-II Version 05.05 The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in March, 2015. The ABCAUS Depreciation calculator for FY 2025-26 has also been formulated and styled the same way as its …
Excel Form 10E-Salary Arrears Relief calculator AY 2026-27 (FY 2025-26) for claiming rebate under section 89(1) of Income Tax Act 1961-Download version 3.15 As per section 89(1) of the Income Tax Act, 1961 relief for income tax has been provided when in a financial year an employee receives …
Excel Auto 234ABC Interest Calculator for AY 2025-26 with accurate calculation as per revised provisions. Download for Corporate and Non-corporate Assessees Section 234A, 234B and 234C of the Income tax Act, 1961 deals with interest for delay in ITR Filing or Short/Non deposit of Advance tax. Interest is …
NERIST Arunachal Pradesh invites EoI for Empanelment of Chartered Accountant firm North Eastern Regional Institute of Science and Technology, (NERIST) Arunachal Pradesh has invited Expression of Interest (Eol) for Empanelment of Chartered Accountant firm for undertaking regular accounting supports on monthly concurrent basis in Tally ERP, financial reporting, …
Sibsagar University invites Expression of Interest (EOI) for Appointment of Internal Auditor Sibsagar University invites Expression of Interest (EOI) from reputed Chartered Accountants/Firms to conduct internal audit of the Accounts of the University for the period 01.08.2024 to 31.03.2026. Eligibility Criteria for Chartered Accountant Firm (i) The Chartered Accountant …
Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of Chartered Accountant Members to act as Observers at Examination Centres for The Chartered Accountants Examinations to be held in January 2027. ICAI proposes to empanel members to act …
Supreme Court recommends action against Commissioner of Customs who relied upon non-existent AI generated case laws. Supreme Court recommends action against Commissioner of Customs who relied upon case laws that were either non-existent or had fake citations and some of the case laws did not lay down the …
CBIC issues SoP for clearance of imported goods through Foreign Post Offices under Postal Import Regulations, 2025. Standard Operating Procedure (SOP) for clearance of imported goods through Foreign Post Offices under the Postal Import Regulations, 2025 – CBIC CIrcular No. 35/2016-Customs CBIC developed the FPO Import Application …
Procedure to handle export cargo originating from SEZ in view of disruption in maritime routes due to closure of the Strait of Hormuz. CBIC had issued Circulars No. 09/2026-Customs dated 08.03.2026. and Circular No. 10/2026-Customs dated 10.03.2026, Circular No. 12/2026-Customs dated 17.03.2026 and Circular No. 15/2026-Customs dated 27.03.2026 …
Income Tax Department Pune is engaging Young Professionals CA for assistance in ITAT representation With a view to augment departmental representation in Income Tax Appellate Tribunal (ITAT), Income Tax Department Pune is looking for engaging a pool of talented Young Professionals (YPs) as per the following details: • …
NHIDCL is hiring CA/CMA and others as Young Professionals – Last date to apply is 14.04.2026 The National Highways and Infrastructure Development Corporation Limited (NHIDCL) has invited applications from dynamic and motivated professionals for engagement as Young Professionals to contribute towards the development ,management , and delivery of …
Controller General of Defence Accounts invites application for engagement of CAs as Young Professionals The office of the Controller General of Defence Accounts (CGDA) invites application for engagement of twelve (12) Young Professionals (YPs) on contract basis for one year (extendable upto a maximum of two years) to …
