Nuacht

Tax Guru16 nóiméad
CA Penalised for Audit Without communication with previous auditor & Tender Misconduct
ICAI Disciplinary Committee fined CA for acceptance of audit assignment without communication with previous auditor and his participation in a government tender that violated ICAI’s tender guidelines ...
Tax Guru17 nóiméad
ICAI Fines CA for Misstatements in NBFC Audit
ICAI imposes ₹25,000 fine on CA Uttam Kumar Chauhan for misstatements in NBFC audit, including fabrication of cash flow and revenue ...
Tax Guru26 nóiméad
ICAI Fines CA for Ethics Breach in Audit & Violation of tender rules
ICAI imposed ₹15,000 fine on CA Devashish Garodia for audit without proper communication and for violating tender rules meant only for ...
Tax Guru33 nóiméad
Reassessment notices issued by JAO instead of FAO was not valid
The court held that Revenue would be permitted to revive the show cause notices already issued and take further proceedings in accordance with law. It was also clarified that other connected legal ...
Tax Guru36 nóiméad
ICAI Penalises CA for Misconduct After Partner’s Death
ICAI removes CA Surajit Bhowmick’s name for one month and fines him ₹25,000 for misconduct following the death of his firm’s co-partner in June ...
Tax Guru51 nóiméad
ICAI Bars Two CAs for Misconduct in NSEL Audit Case
ICAI found two CAs guilty of professional misconduct in the NSEL audit case and ordered one-year membership removal for CA Shrawan ...
Tax Guru1 uair an chloig
No new claims including statutory dues to be allowed post approval of resolution plan
NCLAT Delhi held that no new claims including statutory dues can be allowed post approval of resolution plan. Accordingly, the belated claim of GST department rightly dismissed by the adjudicating ...
Tax Guru1 uair an chloig
Matter remanded as petitioner unaware about GST SCN uploaded under Additional Notices Tab
Delhi High Court held that proper opportunity of being heard not got as petitioner was unaware about issuance of SCN which was uploaded on GST portal under ‘Additional Notices Tab’. Accordingly, ...
Tax Guru1 uair an chloig
Order quashed as notices/ communication sent to old email address
Karnataka High Court held that notices or communication issued by department sent to old email address of the petitioner instead of updated email address not justifiable. Accordingly, order not ...
Tax Guru1 uair an chloig
De-freezing of bank account not permitted as would risk undermining objectives of PMLA
Delhi High Court held that application for de-freezing bank account frozen under the Prevention of Money Laundering Act, 2002 [PMLA] cannot be permitted since the same would risk directly undermining ...
Tax Guru1 uair an chloig
GST on joint development agreements & transfer of development rights: Analysis
Explore GST implications on Joint Development Agreements and Transfer of Development Rights in real estate, covering RCM, rates, challenges, and compliance for developers and ...
Tax Guru1 uair an chloig
Clandestine removal cannot be proved on the basis of loose sheets and pocket dairy
CESTAT Kolkata held that charge of clandestine removal and duty demand thereon merely on the loose sheets and pocket dairy without any corroborative evidence cannot be sustained in the eye of law.