Non adherence to RBI Circular Prior to Issue of Audit Report is Professional Misconduct: ICAI Reprimands CA along with Fine of Rs 1 lakh
The Institute of Chartered Accountants of India (ICAI), reprimanded a Chartered Accountant (CA), imposed a fine of Rupees one lakh and held that...
![Delay in Issuance Notice u/s 148A(b) Due to Technical Glitches on ITBA: Delhi HC quashes Reassessment Proceeding [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Delay-Issuance-Notice-Technical-Glitches-ITBA-Delhi-HC-Reassessment-Proceeding-TAXSCAN.jpg "Delay in Issuance Notice u/s 148A(b) Due to Technical Glitches on ITBA: Delhi HC quashes Reassessment Proceeding [Read Order]")
![Consent of Parties for Extending Arbitral Period need not Necessarily be in Writing: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Consent-Parties-Extending-Arbitral-Writing-Himachal-Pradesh-HC-TAXSCAN.jpg "Consent of Parties for Extending Arbitral Period need not Necessarily be in Writing: Himachal Pradesh HC [Read Order]")
Supreme Court holds Two Extension of Tenure to ED Director Sanjay Kumar Mishra as Illegal: Can Continue in Post only Till July 31st [Read Order]
The Supreme Court of India held that two extensions of tenure to Enforcement Directorate director Sanjay Kumar Mishra as illegal and directed him to continue in the post only till July 31 st ...
10 Years Delay in Adjudication of Demand of CENVAT Credit: Supreme Court directs to Conclude Proceedings in 8 Weeks [Read Order]
The Supreme Court directed the Goods and Service Tax Department to conclude the entire proceedings within 8 weeks for adjudicating the demand for the CENVAT Credit. Swati Menthol And Allied...
Real Estate Firm utilised Allottee's Money for 18 Months: REAT directs to Pay 12% Interest [Read Order]
In a significant judgment, the Kerala Real Estate Appellate Tribunal (REAT) has directed respondent Shobha Ltd to pay 12% interest for receiving and utilising the allottee's money for 18 months...
Husband Acquiring Property in Name of Wife does not Necessarily Imply Benami Transaction: Calcutta HC [Read Order]
In a recent decision the Calcutta High Court observed that the husband acquiring property in the name of wife does not necessarily imply Benami transaction. The factual matrix of the present case...
![Husband Acquiring Property in Name of Wife does not Necessarily Imply Benami Transaction: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Husband-Acquiring-Property-Name-of-Wife-Necessarily-Imply-Benami-Transaction-Calcutta-HC-TAXSCAN.jpg "Husband Acquiring Property in Name of Wife does not Necessarily Imply Benami Transaction: Calcutta HC [Read Order]")
Delay in Payment of Service Tax due to Cancer: Madras HC Directs to Approach Statutory Authority [Read Order]
The Madras High Court directed the petitioner, K Marimuthu, to approach statutory authority on the ground that there was delay in payment of service tax due to cancer. The petition has been filed...
![Delay in Payment of Service Tax due to Cancer: Madras HC Directs to Approach Statutory Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Delay-in-Payment-of-Service-Tax-due-to-Cancer-Madras-HC-Directs-to-Approach-Statutory-Authority-TAXSCAN.jpg "Delay in Payment of Service Tax due to Cancer: Madras HC Directs to Approach Statutory Authority [Read Order]")
![Plea in Kerala HC against MCA Portal Glitches [Read Petition]- - TAXSCAN](https://www.taxscan.in/wp-content/uploads/2023/03/ICSI-MCA-Portal-Form-CSR-2-Extension-filing-Form-CSR-2-Extension-for-filing-MCA-Portal-Issues-taxscan.jpg "Plea in Kerala HC against MCA Portal Glitches [Read Petition]- - TAXSCAN")
Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal(ITAT) held that the claim of maintenance for building under Section 40(a)(ia) of Income Tax Act, 1961 rejected without proper verification of...
![Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/maintanance.jpg "Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]")