Updates
Income Tax
AO not permitted to invoke the provisions of section 56(2)(vii)(b)(ii) in the absence of sub clause (ii) in the Act as on the date...
Parinda Borda vs. ITO
Where the assessee had entered into agreement to sale cum possession of immovable property and paid substantial consideration prior to the date of amendment of the section 56(2)(vii)(b)(ii) of the...
Income Tax
Format of Statutory Auditors Report for FY – 2020-21
INDEPENDENT AUDITOR’S REPORT
TO THE MEMBERS OF ABC
PRIVATE LIMITED
Report on the Audit of the Financial
Statements
Opinion:
We have audited the accompanying Financial Statements
of ABC PRIVATE LIMITED (“the Company”), which comprises the Balance Sheet as
at March 31, 2021,...
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