SEBI warns Investment Advisers dealing in unregulated products SEBI has warned registered Investment Advisers engaged in unregulated activity. According to the Press Release issued by SEBI, some registered Investment Advisers are engaged in unregulated activity by providing platform for buying/ selling/ dealing in unregulated products including digital gold. …
Multipurpose Empanelment Form (MEF) for year 2021-22 available at meficai.org ICAI has hosted the Multipurpose Empanelment Form (MEF) for the year 2021-22 at https://meficai.org . This year MEF application have been made simpler and more user friendly. The data pertaining to members and firms will be auto populated from the …
ICSI prescribes Due Diligence Report for Format for Listed Entities ICSI has prescribed Due Diligence Report format for Listed Entities pursuant to Regulation 10 (3) of the SEBI (Delisting of Equity Shares) Regulations, 2021. As per the prescribed format, the Company Secretary has to verify the applicability and …
CBDT prescribes Form/manner of furnishing undertaking u/s section 119 of Finance Act 2012 INISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 120/2021 New Delhi, the 13th October, 2021 INCOME-TAX G.S.R.737(E).—In exercise of the powers conferred by the first provisio to section 119 of Finance Act, …
Registration of Assignment of Receivables (Amendment) Rules, 2021. Registration of transactions of assignment of receivables MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 11th October, 2021 G.S.R.732(E).—In exercise of powers conferred by clauses (a), (b) and (c) of sub-section (2) of section 32 of the Factoring …
When reasons for reopening were never sought by assessee plea can not be taken that reasons not supplied or not supplied within reasonable time In the instant case, the assessee had challenged the order passed by the CIT(A) in sustaining the proceedings u/s 147/148 of the Income Tax …
CBDT prescribes Form/manner of furnishing undertaking u/s section 119 of Finance Act 2012 INISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 120/2021 New Delhi, the 13th October, 2021 INCOME-TAX G.S.R.737(E).—In exercise of the powers conferred by the first provisio to section 119 of Finance Act, …
When reasons for reopening were never sought by assessee plea can not be taken that reasons not supplied or not supplied within reasonable time In the instant case, the assessee had challenged the order passed by the CIT(A) in sustaining the proceedings u/s 147/148 of the Income Tax …
Bad debts claimed u/s 36(1(vii) disallowed as only provision was made and bad debts not written off in books of account In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming disallowance of bad debts claimed u/s 36(1)(vii) of the Income Tax …
GST rate notifications issued as per as recommended by GST Council in 45th meeting CBIC has issued GST notifications to implement the decisions taken at 45th meeting of the GST Council Notification Subject 06/2021-Central Tax (Rate) ,dt. 30-09-2021 Seeks to amend notification No. 11/2017- Central Tax (Rate) …
CBIC Clarification for refund of tax u/s 77(1) of CGST Act and section 19(1) of IGST Act Circular No. 162/18/2021-GST F. No. CBIC-20001/8/2021-GSTGovernment of IndiaMinistry of Finance Department of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing **** New Delhi, dated the 25th September, 2021 …
Recommendations of 45th GST Council Meeting. Decisions taken by GST Council The GST Council’s 45th meeting was held today in Lucknow under the chairmanship of the Union Finance & Corporate Affairs Minister. The GST Council has inter-alia made several recommendations relating to changes in GST rates on supply of …
Extension of last date of filing CRA-4 cost audit report for FY 2020-21 General Circular No. 15/2021 File No: 01/40/2013-CL-V (Pt.I)GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRS 5th Floor, ‘A’ Wing Shastri Bhawan,Dr. R.P. Road, New DelhiDated:- 10th September, 2020 ToThe DGCoAThe Cost Audit BranchAll Regional Directors,All Registrars of …
List of incorporated Nidhi companies wherein NDH- 4 form for declaration as Nidhi Company have been rejected by Ministry. Amended section 406 of the Companies Act and Nidhi rules (as amended from time to time) requires that companies have to apply to the Central Government in Form NDH-4 …
MCA issues Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) The MCA has issued Frequently Asked Questions FAQs on Corporate Social Responsibility CSR. The broad provisions related to CSR are threefold and have been provided in Section 135 of the Companies Act, 2013 , Schedule VII and …
When reasons for reopening were never sought by assessee plea can not be taken that reasons not supplied or not supplied within reasonable time In the instant case, the assessee had challenged the order passed by the CIT(A) in sustaining the proceedings u/s 147/148 of the Income Tax …
Bad debts claimed u/s 36(1(vii) disallowed as only provision was made and bad debts not written off in books of account In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming disallowance of bad debts claimed u/s 36(1)(vii) of the Income Tax …
CIT approval u/s 153D in bulk draft assessment orders on a single day held to be mechanical approval vitiating entire proceedings. ABCAUS Case Law CitationABCAUS 3555 (2021) (10) ITAT Important case law relied referred:Shri Navin Jain vs. DCIT In the instant case the assessee had taken an additional …
Multipurpose Empanelment Form (MEF) for year 2021-22 available at meficai.org ICAI has hosted the Multipurpose Empanelment Form (MEF) for the year 2021-22 at https://meficai.org . This year MEF application have been made simpler and more user friendly. The data pertaining to members and firms will be auto populated from the …
ICAI presents its 72nd Annual Report for the year ended 31st March 2021 ICAI has presented its 72nd Annual Report for the year ended 31st March 2021. The Institute was constituted on 1st July 1949 by an Act of Parliament with about 1,700 members but as on 31st …
Extension of Last Date for payment of ICAI Membership /COP fee For the year 2021-22 to 31st December, 2021 The ICAI has extended Last Date for payment of its Membership /COP fee For the year 2021-22 to 31st December, 2021 As per the ICAI Announcement the Council has …
Excel Income Tax Challan ITNS 280 for FY 2021-22 AY 2022-23 with database facility. Download ABCAUS Income Tax payment Challan No. ITNS 280 This excel Challan ITNS 280 for payment of Income Tax should be used for making payment of income tax on companies (corporation tax) or income …
ABCAUS Excel Depreciation Calculator FY 2020-21 under Companies Act 2013 as per Schedule-II Version 05.04 The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in March, 2015. The ABCAUS Depreciation calculator for FY 2020-21 has also been formulated and styled the same way as its …
Excel Income Tax TDS Challan ITNS-281 version 1.5.1 for AY 2022-23 with database facility Income Tax Challan ITNS 281 is used for payment of Tax Deducted at Source (TDS) or Tax Collected at Source (TCS). A PDF version of the challan with instructions can be downloaded from income …
Multipurpose Empanelment Form (MEF) for year 2021-22 available at meficai.org ICAI has hosted the Multipurpose Empanelment Form (MEF) for the year 2021-22 at https://meficai.org . This year MEF application have been made simpler and more user friendly. The data pertaining to members and firms will be auto populated from the …
Empanelment to act as ICAI Exam observers for December 2021 CA Exam. Last date to apply is 05.10.2021 EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT EXAMINATION CENTRES FOR THE CHARTERED ACCOUNTANTS EXAMINATIONS DECEMBER 2021 ICAI proposes to empanel members to act as Observers for the forthcoming Dec-2021 …
Bank of Baroda Concurrent Auditor 2021-22 Empanelment – RFP for appointment Bank of Baroda has issued RFP for appointment of-1-Concurrent Audit Firm to carry out Concurrent Audits of Branches/CBOs/Other Units For each of the following Zones/ Groups of Bank of Baroda Namely Ahmedabad Zone (Group-I), Chennai Zone, Kolkata …
CBIC Instruction on Submission of Intimation of Arrest Report & Incident Report F. No. 394/05/2021-Commr. (Inv-Cus) Instruction No. 21/2021-Customs Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes & Customs (Investigation – Customs)******* 10th Floor, Tower-2, Jeevan Bharti Building,Parliament Street, New Delhi-110001.Email: inv-customs@gov.inTel. 011-21400625 …
Applications invited for Customs Broker Examination 2021. Last date 18.11.2021 Applications have been invited for Customs Broker Examination. Indian citizens can appear in the online written examination for issuance of license to act as a Customs Broker under Customs Brokers Licensing Regulations (CBLR), 2018, as amended. …
Govt extends custom duty exemption on Oxygen, ventilators & Covid-19 vaccine and other covid-19 related goods to 30.09.2021 MINISTRY OF FINANCE(Department of Revenue) Notification No. 41/2021-Customs New Delhi, the 30th August, 2021 G.S.R. 601(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs …
NFRA imposes penalty of Rs. 25 lakhs and debars CA for 7 years for professional misconduct in statutory audit of ILFS Financial Services Ltd ABCAUS Case Law Citation:ABCAUS 3338 (2020) (07) NFRA The National Financial Reporting Authority (NFRA / Authority) helds CA guilty of professional misconduct for performance …
Applications invited from Company Secretary Professionals for contractual vacancies in Investor Education and Protection Fund Authority (IEPFA) ICSI on behalf of Investor Education and Protection Fund Authority, (IEPFA) Ministry of Corporate Affairs has invited applications from Company Secretary Professionals for Five (5) contractual vacancies in Investor Education and …
Quality Review Board Report on Audit Quality Review 2018-19. Audit documentation, standards on quality control, written representations etc. key concern The Quality Review Board (QRB) has been set up by the Government of India under section 28A of the Chartered Accountants Act, 1949. The QRB publishes its …
