Mercantile system of accounting

Recent Posts

• Can You Have Your Exemption and Carry Forward Losses Too? A 54F Story
• Southern Europe’s Banking Evolution: The Banco Novo Chapter
• BlackRock’s Transformation: Larry Fink’s Ambitious Roadmap to Innovation
• Source of source in respect of loans not required to be proved under section 68 of the ITA as it stood prior to 01.04.2023
• Guidelines for Compulsory Selection of Returns for Complete Serutiny during the Financial Year 202-26-procedure for compulsory selection in such case
• Disallowance of delayed employee contributions to EPF/ESI U/s 36(1)(va) not valid if made by CPC U/s 143(1)(a) as the issue was debatable at that point of time: Chhattisgarh High Court
• Debunking Credit Score Myths: Separating Fact from Fiction
• Reopening relying on information flagged by GST department that the supplier is a dummy/non-existent entity quashed by ITAT
• Any attempt to reopen and revive the proceedings-after the limited is legally untenable
• If the Commissioner (Appeals) proceeds to decide the appeal on merits without first condoning the delay, such an order is liable to be set aside.