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The NTT Act “crosses the boundary” & is unconstitutional. CAs/CSs are specialists on accounts & facts and are not capable of arguing/ deciding ‘Substantial Questions Of Law’

Madras Bar Association vs. UOI (Supreme Court – Full Bench) The Full Bench of the Supreme Court had to consider whether the National Tax Tri...

ICAI initiative on order dated 20th August, 2014 pronounced by a Bench of Income Tax Appellate Tribunal, Mumbai

Members are aware of the general remarks against ICAI made by Hon ‘ble ITAT Mumbai Bench in respect of its order dated 20th August, 2014 whe...

Applications from CAs for taking lectures

Chartered Accountants with academic background who are interested for taking lectures Coaching Classes/Revisionary Classes/Crash Course whic...

Empanelment of Cooperative Auditors

This is to inform you that the Commissioner, Cooperation and Registrar of Societies, Maharashtra State, Pune has come out with the circular ...

Four Important Judgements On Recent Controversial Topics

The following are four important judgements on recent controversial topics: Maruti Securities Ltd vs. ACIT (ITAT Hyderabad) S. 145: Even if ...

Invitation to comment on the Exposure Draft of Ind AS 114, Regulatory Deferral Accounts, issued by the Accounting Standards Board (ASB) of the ICAI

The International Accounting Standards Board (IASB) issued IFRS 14, Regulatory Deferral Accounts, in January 2014. The Accounting Standards ...

Completing Income Tax Return without Completing Tax Audit Report

The extension of date for obtaining and submitting the Tax Audit Report till 30th November 2014 for the Assessment Year 2014-15 without exte...

Determination of Rate of Exchange for Service Tax

Date of determination of rate of tax, value of taxable service and rate of exchange (Section 67A) W.e.f. 28.05.2012, section 67A has b...

Whatsapp Number Changed to +971528517768

You may now Join our Group "Shining Stars: A Group of Professional" on Whatsapp on +971528517768 Due to some reason our old number...

Enterprise Value is different from Total Enterprise Value...

People often confuse enterprise value (EV) with the total enterprise value (TEV). However, the two are different. In-fact, EV is a subset of...