Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)
Audit report was duly furnished along with ITR – However, no Books of accounts found during Survey: Penalty cannot be imposed simpliciter
Heavy Cash Deposits in the Bank: Adition not sustainable if the taxpayers submits the plethora of evidences and AO failed to justify its non genuineness
Inflated Purchases, unrecorded sales, accommodation entry etc revealed in Income Tax Raid in Bihar & Jharkhand
New Form 26AS – Roll out of new Annual Information Statement (AIS) to contain more information and features
Whether the amendment to the provisions to section 43B and 36(1)(va) of the Act by the Finance Act, 2021, has to be construed as retrospective and applicable for the period prior to 01.04.2021 also?
Faceless assessment order set aside as time frame provided to assessee was too short to respond to Show Cause Notice (SCN)
Navi Mumbai Commissionerate detected Rs. 12.9 crore of non-payment of GST relating to erection, commissioning, repair & maintenance services: CBIC Chairman to the officers