GST Council issues Clarification on various issues related to Place of Supply
The 52nd meeting of the GST Council convened in New Delhi, with Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman,...
Non-Compliance of Notice issued by CIT(A) during appeal proceedings: ITAT directs to Deposit Cost of Rs. 20,000 in PM Relief Fund [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench directed the deposit cost of Rs. 20,000/ in Prime Minister Relief Fund due to non-compliance of notice issued by the CIT(A) during appeal...
![Non-Compliance of Notice issued by CIT(A) during appeal proceedings: ITAT directs to Deposit Cost of Rs. 20,000 in PM Relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-Compliance-Notice-appeal-proceedings-ITAT-Deposit-Cost-PM-Relief-Fund-TAXSCAN-.jpg "Non-Compliance of Notice issued by CIT(A) during appeal proceedings: ITAT directs to Deposit Cost of Rs. 20,000 in PM Relief Fund [Read Order]")
CA Engaging in any Other Profession Without Seeking Permission of Council is Guilty of Professional Misconduct: ICAI [Read Order]
The Institute of Chartered Accountants of India (ICAI) ruled that a Chartered Accountant engaging in any other profession without seeking permission of Council is guilty of professional misconduct. ...
ICAI Reprimands CA on Failure to Submit Exception Report stating Running of NBFC without Registration [Read Order]
The Institute of Chartered Accountants of India (ICAI) reprimanded Chartered Accountant (CA ) Rakesh Patni for failure to submit an exception report stating the running of a Non-Banking Finance...
![ICAI Reprimands CA on Failure to Submit Exception Report stating Running of NBFC without Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ICAI-Reprimands-CA-Exception-Report-Running-of-NBFC-without-Registration-Failure-to-Submit-Exception-Report-Registration-NBFC-taxscan.jpg "ICAI Reprimands CA on Failure to Submit Exception Report stating Running of NBFC without Registration [Read Order]")
RBI Cancels Banking License of Karnataka based Mahalaxmi Co-operative Bank Ltd; allows to function as Non-Banking Institution
The Reserve Bank of India (RBI) cancelled the banking license of Karnataka based Mahalaxmi Co-operative Bank Limited on 27th June 2023. However, the RBI has been allowed to function as a Non-Banking...
Delhi HC dismisses Plea challenging RBI's decision to withdraw Rs. 2000 banknotes from Circulation
On Monday, July 3rd, 2023, the Delhi High Court dismissed a Public Interest Litigation (PIL) that contested the Reserve Bank of India's (RBI) decision to withdraw Rs. 2000 banknotes from circulation....
