Whether secretarial auditor has to verify list of related parties disclosed in financial statements or he can simply rely on the list verified by the statutory auditors? 

Advisory for Timely Filing of GST Returns

Compliance under Income tax Act, Labour Laws, Companies Act, & GST Act for May – 2023

GST Compliance Calender Month : May – 2023

Business Compliance Calender May – 2023

Now, CA, CS and CMA under PMLA net if they Enter into financial transactions on behalf of the clients

Rent Received on redevelopment projects is not taxable

Power of proper officer to cancel the registration from any date cannot be used arbitrarily

Cash deposited during demonetization : ITAT Amritsor deleted the Addition

No penalty leviable if any inadmissible claim is made in return inadvertently and course correction is made before the Assessment order is passed : Delhi HC

Loss on Confiscation of Smuggled items by DRI officials cannot be claimed as Business Loss under Income Tax Act : Supreme Court

Union Finance Minister Smt. N. sitharaman chairs review meeting with Central Board of Indirect Taxes & Customs.

If provisions to tax was not available in the statute as on the date of entering into the agreement, the same cannot be made applicable subsequently

Madras HC quashes assessment in case where assessee was given only 13 hours to reply to SCN

SC set the principle of “burden of proof” to avail input tax credit (ITC) under the pre-GST regime.

HC can’t dismiss writ filed against Sec. 148A(d) order on ground of availability of alternative remedy: SC

No addition U/S 68 as unexplained cash credit, if the same reflected as turnover in the books of accounts: ITAT Amritsar

Know your Donor to avoid taxation as Anonymous Donation