CA Office in Bhopal gets Robbed, Four Culprits under Police Scanner
In a recent incident, a gang of burglars targeted the office of Vinay Sharda, a prominent financial consultant in Bag Sewania. Mr. Sharda's son, who...
![Service Tax Not Leviable on Discount /incentive received from Supplier of Motor Vehicle Spare Parts under Head Other Operating Revenue: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Service-Tax-Not-Leviable-on-Discount-incentive-Supplier-of-Motor-Vehicle-Spare-Parts-Head-Operating-Revenue-CESTAT-taxscan.jpg "Service Tax Not Leviable on Discount /incentive received from Supplier of Motor Vehicle Spare Parts under Head Other Operating Revenue: CESTAT [Read Order]")
ICAI to introduce rules for aggregation of Domestic CA Firms with Global Entities in 3 Months, says President Ranjeet
In an effort to bolster the competitiveness of Indian Chartered Accountant (CA) firms on a global scale, the Institute of Chartered Accountants of India ( ICAI ) is poised to unveil new guidelines...
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]")