ICAI Clarifies Matter of Acceptance of certain Assignments by the Concurrent Auditor of Bank Branches
The dilemma of the concurrent auditor of bank branches accepting specific assignments has been clarified by the Indian Chartered Accountant of India...
![Delhi HC directs to lift block placed on Assessees Bank A/c since Refund was sanctioned by Auditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Delhi-High-Court-Bank-Refund-Auditor-Bank-Account-Taxscan.jpg "Delhi HC directs to lift block placed on Assessees Bank A/c since Refund was sanctioned by Auditor [Read Order]")
![Mere impression that Auditor will file appeal is not a Sufficient Cause: ITATÂ refuses to Condone Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Auditor-appeal-ITAT-Condone-Delay-taxscan.jpg "Mere impression that Auditor will file appeal is not a Sufficient Cause: ITATÂ refuses to Condone Delay [Read Order]")
ABG Shipyard Case: CBI files Chargesheet against 25 Accused Including Company Promoter, CFO and Auditor in a Biggest Scam of Rs.22,842 Crore
The Central Bureau of Investigation has today filed Chargesheet against 25 accused including Mumbai based Private Company; its Chairman & Promoter ; then CFO of said company; then Vice-...
Non-Filing of GST Returns due to Demise of Auditor: Karnataka HC Directs to Restore Registration [Read Order]
In a significant ruling, the Karnataka High Court has directed the GST department to restore the cancelled GST registration as the assessee could not file the GST returns due to sudden demise of the...
![Non-Filing of GST Returns due to Demise of Auditor: Karnataka HC Directs to Restore Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/GST-Returns-Auditor-Karnataka-HC-Restore-Registration-taxscan.jpg "Non-Filing of GST Returns due to Demise of Auditor: Karnataka HC Directs to Restore Registration [Read Order]")
Professional Commitments of Auditor not 'Reasonable Cause' for Condonation of Delay of 649 Days: ITAT dismisses Appeals of two Assessees [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has recently dismissed the appeals of two assessees, as the ‘professional commitments’ of the auditor was no reasonable cause for...
![Professional Commitments of Auditor not Reasonable Cause for Condonation of Delay of 649 Days: ITAT dismisses Appeals of two Assessees [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Auditor-Condonation-of-Delay-ITAT-Taxscan.jpeg "Professional Commitments of Auditor not Reasonable Cause for Condonation of Delay of 649 Days: ITAT dismisses Appeals of two Assessees [Read Order]")
Disallowance of Expense not sustainable when Non-Availability of Expense Voucher happened due to Flood: ITAT [Read Order]
The Amritsar bench of Income Tax Appellate Tribunal (ITAT) has held that disallowance of expense is not sustainable when the non-availability of expense vouchers happened due to a flood. The...
![Disallowance of Expense not sustainable when Non-Availability of Expense Voucher happened due to Flood: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-of-expense-expense-voucher-flood-ITAT-Taxscan.jpeg "Disallowance of Expense not sustainable when Non-Availability of Expense Voucher happened due to Flood: ITAT [Read Order]")
![MCA notifies Penalty for Non-Compliance with NFRA Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/06/MCA-Penalty-NFRA-Rules-Taxscan-1.jpg "MCA notifies Penalty for Non-Compliance with NFRA Rules [Read Notification]")
