Audit and Assurance - SHIVAPRASADA PRASHANTH & ASSOCIATES

Statutory audit under I GAAP & IFRS
Tax audit under Income Tax
Internal audit
VAT audit
Concurrent Audit
Management Audits, Due Diligence Audits etc

Reasonable time limit applies in absence of a specific legislative timeframe for Section 201 orders

Karnataka High Court confirms that a reasonable time limit applies to Section 201 orders for non-residents if no specific time limit is prescribed by law, dismissing the CIT appeal.\nThe post Reasonable time limit applies in absence of a specific legislative timeframe for Section 201 orders appeared first on TaxGuru.

SCN Lacking Date or Time: Delhi HC Orders Reconsideration of GST Registration Cancellation

Delhi High Court restores GST registration appeal for Alufab Ores Pvt Ltd due to improper SCN and missed hearings, granting another chance to contest the cancellation.\nThe post SCN Lacking Date or Time: Delhi HC Orders Reconsideration of GST Registration Cancellation appeared first on TaxGuru.

ITAT Delhi Restores Appeal as CIT(A) failed to address Adjournments requests

ITAT Delhi restored Fiserv India\'s appeal, citing CIT(A)’s failure to address adjournment requests. The case will be reconsidered for a fair hearing and review.\nThe post ITAT Delhi Restores Appeal as CIT(A) failed to address Adjournments requests appeared first on TaxGuru.

No Section 143(2) notice Requirement if Valid Section 148 Notice issued

ITAT Ahmedabad confirms that fulfilling Section 148 requirements under the Income Tax Act eliminates the need for a separate notice under Section 143(2).\nThe post No Section 143(2) notice Requirement if Valid Section 148 Notice issued appeared first on TaxGuru.

Madras HC Sets Aside Assessment Order Due to Insufficient Time to respond

Madras HC remands 2018-2019 assessment order, ruling insufficient time given to respond to Rs. 9.5 crore unexplained income show cause notice under Section 69A.\nThe post Madras HC Sets Aside Assessment Order Due to Insufficient Time to respond appeared first on TaxGuru.

GST Cancellation SCN Must Detail Reasons for such action: Delhi HC

Delhi HC sets aside GST cancellation order for lack of detailed reasons in SCN, stressing the importance of clear grounds for adverse actions under GST regulations.\nThe post GST Cancellation SCN Must Detail Reasons for such action: Delhi HC appeared first on TaxGuru.

IT Order Without Personal Hearing Violate Natural Justice & is invalid: Madras HC

Madras High Court rules that income tax orders issued without granting a requested personal hearing violate natural justice and are deemed invalid.\nThe post IT Order Without Personal Hearing Violate Natural Justice & is invalid: Madras HC appeared first on TaxGuru.

Non-Appearance Caused by Notice Served on Ex-Employee: ITAT Restores Case to CIT(A)

ITAT Ahmedabad overturns ex parte order against Takshashila Realties Pvt Ltd due to non-receipt of notices, remands case for fresh consideration.\nThe post Non-Appearance Caused by Notice Served on Ex-Employee: ITAT Restores Case to CIT(A) appeared first on TaxGuru.

Madras HC sets aside GST Order & Recovery Notice for Natural Justice Principle Violation

Madras HC sets aside GST demand and recovery notice against Tvl. Bright Power Projects due to a lack of hearing opportunity, remands case for reconsideration.\nThe post Madras HC sets aside GST Order & Recovery Notice for Natural Justice Principle Violation appeared first on TaxGuru.

ITAT Remands Ganpat Trust’s Form 10B Filing Delay Case

ITAT remands Ganpat Vidhyanagar Uma Parivar Trust\'s case to JAO for reconsideration after CIT(E) condones delay in filing Forms 10B and 9A.\nThe post ITAT Remands Ganpat Trust’s Form 10B Filing Delay Case appeared first on TaxGuru.

Our Location

Address

New No 223/212, Old No 333 1st Floor, Ramamurthy Nagar Main Road Ramamurthy Nagar Bangalore – 560 016 Karnataka, India

Phone Number

+91 99864 49649

+91 98443 32136

Email

shivaprasada.h@spv-ca.com

maddalaprashanth@spv-ca.com