Opportunities for ICAI members in World Bank Projects: ICAI launches 30 initiatives for Chartered Accountants
The Institute of Chartered Accountants Indian (ICAI) has launches 30 initiatives for Chartered Accountants in World Bank Projects. The Institute of...
![MCA designates Special Court in Gauhati for Speedy Trial of Offences under Companies Act, 2013 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/MCA-Companies-Act-Guwahati-Offences-Special-Court-Taxscan.jpg "MCA designates Special Court in Gauhati for Speedy Trial of Offences under Companies Act, 2013 [Read Notification]")
![Statement of Income of Investment Fund to unit holders u/s 115UB to be in Electronic Form: CBDT notifies Income-tax (18th Amendment) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/CBDT-Statement-investment-fund-unitholders-Electronic-Form-Taxscan.jpg "Statement of Income of Investment Fund to unit holders u/s 115UB to be in Electronic Form: CBDT notifies Income-tax (18th Amendment) Rules, 2020 [Read Notification]")
Assessment against a Non-Existent entity is nullity in the Eyes of Law: ITAT deletes addition of Rs. 2,625 Cr against Genpact India
The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that framing of an assessment against a non-existent amalgamating entity was not procedural irregularity but a jurisdictional defect not...
Commission or Agency Fee remitted to entities for Handling Vessels outside India are Exempt from Taxation: CESTAT
The Customs, Excises, and Service Taxes Appellate Tribunal (CESTAT), while setting aside the penalties under Section 78 of Finance Act, 1994 held that the commission or agency fee remitted to entities...
ICAI to provide Medical Financial Assistance of Rs. 1.5 L to Members & their dependents suffering from COVID-19
The Institute of Chartered Accountants of India (ICAI) on Sunday announced to provide Medical Financial Assistance of Rs. 1.5 lakh to Members and their dependents suffering from COVID-19. ICAI is...
CA Exams November 2020: ICAI announces Cut-off date for conversion from Earlier Scheme to Revised Scheme
The Institute of Chartered Accountants of India ( ICAI ) has announced the cut-off date for conversion from Earlier Scheme to Revised Scheme of CA Final Exams and Intermediate Examinations. In a...
No TDS on Payment to Non-Resident Indian for Purchase of Raw Material: ITAT grants relief to Honda Cars India
The Income Tax Appellate Tribunal (ITAT), Delhi bench has recently deleted an addition against Honda Cars India holding that the provisions of deduction of tax at source (TDS) would not be applicable...
Decision based on a Debatable point of View can’t be subject to Rectification: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has recently held that a decision based on a debatable point of view cannot be treated as a mistake apparent from the record, against which, the...
![Decision based on a Debatable point of View can’t be subject to Rectification: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/ITAT-Decision-Debatable-Taxscan.jpg "Decision based on a Debatable point of View can’t be subject to Rectification: ITAT [Read Order]")