Subordinate Legislature cannot be Permitted to Amend the Provisions of the Parent Act: Rajasthan High Court [Read Order]
The Rajasthan High Court has held that the subordinate legislature cannot be permitted to amend the provisions of the parent Act. This bunch of writ petitions have filed challenging the notices issued by the Assessing
[BREAKING] CBDT extends due dates for filing of Income Tax Returns and various Reports of Audit for Assessments
On consideration of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961(the “Act”), Central Board
ICAI enumerates Reforms in CA Course and Examination System
The Institute of Chartered Accountants of India ( ICAI ) has always stood by the students and strived to address their concerns from time to time. Considering the dynamic global scenario, ICAI has taken proactive
‘Doctrine of Necessity’: Madras High Court allows Credit of Service Tax Paid under RCM which could not be availed as Transitional Credit under GST [Read Judgment]
The Madras High Court has allowed the Credit of Service Tax Paid under RCM which could not be availed as Transitional Credit under the Goods and Services Tax ( GST ) regime. The petitioners are
Tax Judgments of High Courts: Annual Case Digest 2023 [Part 1]
This Annual Case Digest analytically summarizes the key stories related to Tax judgements of various High Courts in India reported in Taxscan.in during the year 2023. These stories include judgements and observations of High Courts
Commissioner cannot Examine the Charitable Nature of the Entity while considering Registration Application: Allahabad HC
High Court allows Registration u/s 12A to GNIDA, YEIDA and NOIDA. In a significant ruling, the division bench of the Allahabad High Court ruled that the Commissioner (exemption) is not empowered to examine the charitable
Assessee is bound to file Return u/s 153A(1)(a) of Income Tax Act even if no evidence procured during the course of Search: Kerala HC [Read Judgment]
The division bench of the Kerala High Court in a recent decision, held that under section 153(1)(a) of the Income Tax Act, 1961, it is a mandatory requirement that the assessee shall file a return
ICAI launches International Curriculum on CA Course
The Institute of Chartered Accountants of India (ICAI), being one of the premier accounting bodies, has achieved global recognition over the years for maintaining highest standards in technical, ethical areas and for sustaining stringent examination
MoS External Affairs launches ICAI’s International Affairs Policy & International Curriculum
The Institute of Chartered Accountants of India (ICAI), being one of the premier accounting bodies, has achieved global recognition over the years for maintaining highest standards in technical, ethical areas and for sustaining stringent examination
51 CA vacancies in SBI
The State Bank of India invites Online application from Indian citizen for appointment to the posts of Manager (Credit Analyst), Deputy Manager (Chartered Accountant) Manager (Credit Analyst) Qualifications: CA/ CFA/ ICWA (CMS)Graduation in any stream,
Himachal Pradesh HC sets aside Order Disallowing Portion of ITC; Directs Refund of Balance ITC With 6% Interest [Read Order]
The Himachal Pradesh High Court has set aside the order of Excise & Taxation Commissioner disallowing portion of ITC (Input Tax Credit) and directs refund of balance ITC with 6% interest. The petitioner M/s Pooja
New Regime of Income Tax Search and Seizure Assessments- Glaring Implications
Officer has in his possession books of accounts or other documents or evidence which reveals that the income chargeable to tax, represented in the form of asset Introduction:- The Hon’ble Union Finance Minister Nirmala Sitharaman
GST AAR and AAAR Rulings: Annual Digest 2023 [Part 3]
This yearly digest analyzes all the AAR and AAAR stories published in the year 2023 at taxscan.in. Supply of Pre-packaged and labelled Rice up to 25 kg to Export Attracts 5% GST: AAR 2023 TAXSCAN
CA Students, Chartered Accountants writes to ICAI for extension of Old Course of CA Final and IPCC [Read Letter]
The Chartered Accountants (CA) Students and the member's Institute of Chartered Accountants of India (ICAI) prepared representation for extension of Old Course of CA Final and IPCC to be presented before ICAI. “We, a group
Arun Jaitley holds Pre-Budget Consultative Meeting with the Representatives of IT Industry
FM: Software Development and Information Technology Enabled Services (ITeS, including BPO & KPO) industry had emerged as one of the most dynamic and vibrant sectors in India; The Union Finance Minister Arun Jaitley said that