Update on Multinational Accounting Firms vs Institute of Chartered Accountants of India Tussle: ICAI responds to Queries, says Action under Statutory Powers
In response to recent inquiries regarding disciplinary actions against Big 4 affiliates, the Institute of Chartered Accountants of India ( ICAI )...
Cancellation of GST Retrospectively in Absence of Reply to Opportunity to Hear u/s 75(4) CGST Act granted through GST portal: Delhi HC sets aside Order [Read Order]
The Delhi High Court set aside the cancellation of GST retrospectively in the absence of a reply to an opportunity to hear under section 75(4) of the Central Goods and Services Tax Act, 2017 (CGST...
![Cancellation of GST Retrospectively in Absence of Reply to Opportunity to Hear u/s 75(4) CGST Act granted through GST portal: Delhi HC sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Cancellation-of-GST-Retrospectively-Opportunity-to-Hear-CGST-Act-GST-portal-Delhi-HC-Order-taxscan.jpg "Cancellation of GST Retrospectively in Absence of Reply to Opportunity to Hear u/s 75(4) CGST Act granted through GST portal: Delhi HC sets aside Order [Read Order]")
Error on part of Auditor is Reasonable Cause for Delay in Claiming Exemption: Bombay HC Condones Delay [Read Order]
The Bombay High Court viewed that the error on the part of the auditor is reasonable cause for delay in claiming exemption and condoned the delay. Since the delay has been condoned, Respondent shall...
Bombay HC directs Disciplinary Action against AO as no Order passed on Rectification Application under Income Tax Act for Six Years [Read Order]
The Bombay High Court directed disciplinary action against the Assessing Officer ( AO ) as no order was passed on the rectification application under the Income Tax Act, 1961 for six years. The...
![Bombay HC directs Disciplinary Action against AO as no Order passed on Rectification Application under Income Tax Act for Six Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/State-Tax-Officer-jurisdiction-Issue-Communication-GST-Act-Bombay-HC-Writ-Petition-STO-Communication-TAXSCAN.jpeg "Bombay HC directs Disciplinary Action against AO as no Order passed on Rectification Application under Income Tax Act for Six Years [Read Order]")
Purchase and Sale of Shares Transactions cannot be considered bogus when Documentary Evidence Genuinely Established : ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT)  recently ruled that purchase and sale of shares transactions could not be considered bogus when documentary evidence genuinely...
![Purchase and Sale of Shares Transactions cannot be considered bogus when Documentary Evidence Genuinely Established : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Purchase-Purchase-and-Sale-of-Shares-Transactions-bogus-Documentary-Evidence-taxscan.jpg "Purchase and Sale of Shares Transactions cannot be considered bogus when Documentary Evidence Genuinely Established : ITAT [Read Order]")
ICAI announces "Success at CA. Exam BoS Series II" from 16th April 2024 for CA Final & Inter Students appearing in May 2024 Examinations
The Institute of Chartered Accountants of India ( ICAI ), Board of Studies ( BoS ) has announced the launch of ‘Success at CA Exam – BoS Series II Sessions’ to support CA Final and Intermediate...
