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ICAI, Fraudulent Practices, Audit Misconduct

Non-Reporting of Fraudulent Practices and Bank Concurrent Audit Misconduct: ICAI reprimands Delhi CA and imposes Rs. 2 Lakh Fine

The DisciplinaryCommittee Bench-IV, in its order dated 23 September 2025, held the CA guilty under items (5), (6), (7), and (8) of Part I of the...

Non-Reporting of Fraudulent Practices and Bank Concurrent Audit Misconduct: ICAI reprimands Delhi CA and imposes Rs. 2 Lakh Fine

Export Duty on Iron Ore to Be Assessed on Wet Metric Ton Basis Till May 2022: CESTAT Follows Bombay...

CBIC notifies Assignment of Proper Officers for GST Proceedings u/s 74A, 75(2) and 122 [Read...

CBDT Likely to Issue Tax Audit Report Due Date Extension Notification Today

Tax Officer's Claim of 'No Documents Submitted' was Factually Incorrect: Madras HC sets aside GST...

Alleged Quality Issues Not a Pre-existing Dispute: NCLT Allows Section 9 Application, Admits...

Retro Motorcycles Gain Popularity in India

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CBIC notifies Assignment of Proper Officers for GST Proceedings u/s 74A, 75(2) and 122 [Read Circular]

GST Assessment Deemed withdrawn Once Returns Filed: AP HC Quashes Orders u/s 62, Maintains Interest on Delay [Read Order]

GST, Interest, and Penalty in Final Order cannot Exceed that in Notice: Chhattisgarh HC Sets Aside ₹5 Crore Order [Read Order]

Madras HC Directs GST Authorities to Reconsider Blocked ITC Claim and Pass Orders Within Four Weeks [Read Order]

Trader Seeks Protection from Coercive Action in Fake GST ITC Probe: Chhattisgarh HC Directs to appear Before DGGI, Bars Coercive Steps [Read Order]

ITAT dismisses Appeal as Withdrawn after Assessee opts for Settlement of Dispute under DTVSV Scheme [Read Order]

ITAT quashes Non-Speaking Ex-Parte Appellate Order, directs de novo Income Tax Assessment [Read...

Reconciliation Establishes Cash Deposits as Agency Collections: ITAT Deletes ₹19.04 Lakh Addition...

ITAT Treats ₹1.50 Crore Cash Addition as Business Turnover in Bullion Trader’s Case [Read Order]

Cash Deposits in Bank Account Linked to Wrong PAN: ITAT Remands Matter to AO for Verification [Read...

Supreme Court to Decide if GLDC’s Activities Like Soil Conservation, Land Reclamation are Liable to Service Tax [Read Order]

CESTAT Sets aside Service Tax demand on Insurance Surveyor, Cites 'No Suppression' [Read Order]

Levy of Ocean Freight: Madras HC rules S. 68(2) Notifications Lacks Framework to Shift Service Tax Liability, quashes SCNs [ Read Order]

Service Tax on Renting of Immovable Property: CESTAT Holds Demand Time-Barred Amid Conflicting Judicial Views [Read Order]

Service Tax Demand Cannot be Held as Bad in Law merely due to Payment made in Advance: CESTAT Remands Appeal for Redetermination [Read Order]

Export Duty on Iron Ore to Be Assessed on Wet Metric Ton Basis Till May 2022: CESTAT Follows Bombay HC’s Ruling [Read Order]

False Claim of Lack of Air Conditioning Facility: CESTAT Upholds Rs. 4.96 Lakh Service Tax and Penalty on Restaurant [Read Order]

CESTAT Rules L&T’s Wheel Loaders Classifiable as ‘Front-End Shovel Loaders’, Quashes Extended Period Demand [Read Order]

CESTAT Sets Aside Service Tax Demand on Pre-Amendment Reimbursable Expenses u/s 67 of the Finance Act, 1994 [Read Order]

CESTAT denies Rs. 8.36 Cr Excess CVD Refund Claim w/o Reassessment beyond 1 Year Limitation under Customs Act [Read Order]

Leased Dumpers and Tippers Not Registered in Service Provider’s Name: CESTAT Confirms Cenvat Credit Demand of Rs. 2.17 Cr, Sets Aside Penalty [Read Order]

CESTAT Sets aside Service Tax demand on Insurance Surveyor, Cites 'No Suppression' [Read Order]

Lease Termination During Moratorium Invalid u/s 14: NCLAT Quashes GIDC’s Action, Sets Aside NCLT Order Remitting Resolution Plan [Read Order]

Demand Notice to Personal Guarantors Mandatory: NCLAT allows appeal of SBI [Read Order]

NCLT Admits CIRP against Garima Real Estate for Defaulting on Rs. 1.15 Crore Debt to Investors [Read...

MCA Issues Office Memorandum on Manpower Arrangement for Newly Established Regional Directorates and...

NCLAT Upholds Mediated Family Settlement, dismisses Plea citing Duress and Incomplete Terms [Read...

GST Hits Shrimp Exporters as AAR Says Small Packaged Units Are Taxable Retail Goods

AAR Rules GST Credit on Mandatory Canteen Services is Legal, But It's Only for Direct Employees...

E-Way Bill System Under GST: Know Penalties and Consequences of Non-Compliance

Auditing Cryptocurrency? know the basics and How to Report It

Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]

55th GST Council Meeting Recommendations: All You Need to Know

GST on Intermediary Services- Gamut of Clarifications and Litigations!!

Why and How Political Parties Get Income Tax Exemption?

How can Freelancers manage their Income by Optimising Income Tax?

Top Global Accounting Scandals Impacted Reputation of Big Accounting Firms

Lease Termination During Moratorium Invalid u/s 14: NCLAT Quashes GIDC’s Action, Sets Aside NCLT Order Remitting Resolution Plan [Read Order]

Demand Notice to Personal Guarantors Mandatory: NCLAT allows appeal of SBI [Read Order]

NCLT Admits CIRP against Garima Real Estate for Defaulting on Rs. 1.15 Crore Debt to Investors [Read...

MCA Issues Office Memorandum on Manpower Arrangement for Newly Established Regional Directorates and...

NCLAT Upholds Mediated Family Settlement, dismisses Plea citing Duress and Incomplete Terms [Read...

Non-Reporting of Fraudulent Practices and Bank Concurrent Audit Misconduct: ICAI reprimands Delhi CA and imposes Rs. 2 Lakh Fine

CBDT Likely to Issue Tax Audit Report Due Date Extension Notification Today

Tax Officer's Claim of 'No Documents Submitted' was Factually Incorrect: Madras HC sets aside GST Assessment Order [Read Order]

Crypto Currency is 'Property' Capable of Trust, Madras HC Orders ₹9.56 Lakh Security

Supreme Court upholds Penalty for Violating EOU Scheme by Removing Duty-Free Capital Goods without Authorization [Read Judgement]

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