E India CA

Professional Updates for Chartered Accountants

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ICAI Reply on “not to allow CAs to practice of law in India”

29-CA/Law/NDM-1134                                                                     Dated-27th November, 2015 To, The Principal Chief Commissioner Income Tax, Chandigarh Sub: Only enrolled Advocates are licensed to practice Law in India- Not to allow Chartered Accountants/ Non- Advo...

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Interest on refund allowed even if law is silent

We are sharing with you an important judgement of the Hon’ble High Court of Gujarat in the case of State of Gujarat Vs. Indian Petro Chemicals Ltd. [2015 (6) TMI 541 – Gujarat High Court] on following issues: Issues: Whether the entitlement of interest on refund subject to meeting with the test of constitutional provision? W...