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  • Today NICAI Update

    Goodwill value cannot be challenged where slump sale includes sale of goodwill & such agreement is beyond any doubt. [Delhi High Court: Triune Energy Services Pvt. Ltd. vs. DCIT].

    Mere revised return riling will not invalidate notice u/s 143(2) issued in pursuance of original return. [Delhi High Court :Vinod Kumar Khatri vs. DCIT].

    DVAT Authorities have clarified the position relating to the registration of dealers who are using e-commerce platform.

    Today 6th January, 2016 is the last date for e-payment of service tax.

    CBEC increase in department appeal filing limit applies to pending appeals also vide instruction No. F. No. 390/Misc./163/2010-JC.

    RBI has reviewed the existing guidelines, which permits banks in India to extend funded and/or non-funded credit facilities to step-down subsidiaries of the overseas subsidiaries of Indian companies that may not be wholly owned, subject to certain conditions.
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