Empanelment to act as ICAI Exam observers for Nov 2020 CA Exam reopened. Last date extended to 25.10.2020 EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT EXAMINATION CENTRES FOR THE CHARTERED ACCOUNTANTS EXAMINATIONS NOVEMBER 2020 Earlier the ICAI had reopened the window for empanelment of members to act …
Writ Petition filed in Rajasthan High Court for Tax Audit due date extension for AY 2020-21 Rajasthan Tax Consultants Association ( RTCA ) has filed a Writ Petition before a Division Bench of the Hon’ble Rajasthan High Court. Apparently, the Writ seeks extension of due date for filing …
For computing allowable partners remuneration u/s 40(b) AO can not allocate net profit into different heads to exclude interest income ABCAUS Case Law CitationABCAUS 3413 (2020) (10) ITAT Important case law relied upon by the parties:CIT V/s J. J. Industries (2013) 358 ITR 531Md. Serajuddin & Bros. vs. …
Where Export Obligation period expiring between 01.02.2020 – 31.10.2020, date of submission of documents for EO fulfilment is extended up to 31.12.2020 GOVERNMENT OF INDIAMINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE No.26/2015-2020Dated: 16 October 2020 Subject: Amendments in Para 4.44 – …
ICAI amends rule for Registration to CA Foundation/Intermediate Course, admission to Foundation Examination etc. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA(Set up by an Act of Parliament) NOTIFICATION New Delhi, the 19th October, 2020 (Chartered Accountants) No.1-CA(7)/193/2020.–Whereas certain draft regulations further to amend the Chartered Accountants Regulations, 1988, …
Opening of Appeal module of ITBA for uploading of physical records for pending appeals which are to be allocated to Faceless Appeal Units DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan ExtensionNew Delhi –110055 ITBA-Faceless Appeals Instruction No –1 F. No. System/ITBA/Instruction/Appeal/160/2020-21 Dated: …
Writ Petition filed in Rajasthan High Court for Tax Audit due date extension for AY 2020-21 Rajasthan Tax Consultants Association ( RTCA ) has filed a Writ Petition before a Division Bench of the Hon’ble Rajasthan High Court. Apparently, the Writ seeks extension of due date for filing …
For computing allowable partners remuneration u/s 40(b) AO can not allocate net profit into different heads to exclude interest income ABCAUS Case Law CitationABCAUS 3413 (2020) (10) ITAT Important case law relied upon by the parties:CIT V/s J. J. Industries (2013) 358 ITR 531Md. Serajuddin & Bros. vs. …
Opening of Appeal module of ITBA for uploading of physical records for pending appeals which are to be allocated to Faceless Appeal Units DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan ExtensionNew Delhi –110055 ITBA-Faceless Appeals Instruction No –1 F. No. System/ITBA/Instruction/Appeal/160/2020-21 Dated: …
Exemption to Intra-state supply of services extended to Satellite launch services by ISRO, Antrix Corporation Limited & New Space India Limited. MINISTRY OF FINANCE(Department of Revenue) Notification No. 05/2020-Central Tax (Rate) New Delhi, the 16th October, 2020 G.S.R. 643(E).—In exercise of the powers conferred by sub-sections (3) and …
Central Goods and Services Tax (12th Amendment) Rules, 2020 Ministry of Finance(Department of Revenue)(Central Board of Indirect Taxes And Customs)New Delhi, Notification No. 79/2020 – Central Tax Dated: 15th October, 2020 G.S.R. 639(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax …
HSN Codes digits required on tax invoice-Exemption for turnover up to 50 lakhs withdrawn. Number of HSN Codes digits requirement for tax invoice Ministry of Finance(Department of Revenue)(Central Board of Indirect Taxes And Customs)New Delhi, Notification No. 78/2020 – Central Tax Dated: 15th October, 2020 G.S.R. 638(E).— In exercise …
The Companies ( Prospectus and Allotment of Securities ) Amendment Rules 2020 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 16th October, 2020 G.S.R.642(E).—In exercise of the powers conferred by section 26, sub-section (1) of section 27, section 28, section 29, sub-section (2) of section 31, sub-sections (3) …
Extension of due date for filing IEPF e-forms and e-verification of claims till 31.12.2020 File No.16/01/2018-IEPF-A General Circular No. 35/2020 File No. 16/01/2018-IEPFA (Vol.II)Investor Education and Protection Fund AuthorityMinistry of Corporate AffairsGovernment of India Ground Floor, Jeevan Vihar Building,3, Parliament Street New Delhi -01, Dated: 29th September, 2020 …
Creation of deposit repayment reserve & investment/deposit u/r 18 of Companies (Share capital and Debentures) Rules 2014-Clarification General Circular No. 34/2020 File No.02/08/2020-CL-VGovernment of IndiaMinistry of Corporate Affairs 5th Floor, “A” Wing, Shastri Bhawan,Dr. R. P. Road, New Delhi-110001. ToThe DGCoA,All Regional Directors,All Registrar of Companies, All Stakeholders. …
For computing allowable partners remuneration u/s 40(b) AO can not allocate net profit into different heads to exclude interest income ABCAUS Case Law CitationABCAUS 3413 (2020) (10) ITAT Important case law relied upon by the parties:CIT V/s J. J. Industries (2013) 358 ITR 531Md. Serajuddin & Bros. vs. …
Order of Settlement Commission passed stating non examining of records upheld. Just an isolated sentence can’t be allowed to defeat object of enactment ABCAUS Case Law CitationABCAUS 3412 (2020) (10) HC Important case law relied upon by the parties:Ritesh Tiwari and Anr v. State of Utter Pradesh and …
TDS non deduction by bank where income in Form 15G/15H exceeded threshold limit of basic exemption. ITAT remands case for filing of Form 26A ABCAUS Case Law CitationABCAUS 3411 (2020) (10) ITAT Important case law relied upon by the parties:Hindusthan Co-cola Breverages Ltd. Vs. CIT 293 ITR 226 (SC) …
Empanelment to act as ICAI Exam observers for Nov 2020 CA Exam reopened. Last date extended to 25.10.2020 EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT EXAMINATION CENTRES FOR THE CHARTERED ACCOUNTANTS EXAMINATIONS NOVEMBER 2020 Earlier the ICAI had reopened the window for empanelment of members to act …
ICAI amends rule for Registration to CA Foundation/Intermediate Course, admission to Foundation Examination etc. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA(Set up by an Act of Parliament) NOTIFICATION New Delhi, the 19th October, 2020 (Chartered Accountants) No.1-CA(7)/193/2020.–Whereas certain draft regulations further to amend the Chartered Accountants Regulations, 1988, …
ICAI advisory on Website Guidelines for CAs – 29 Prohibited contents and features on the Websites of members and Firms ICAI Advisory on CA website ICAI has issued the following important advisory related to Website Guidelines for chartered Accountants Advisory Dated: 14.10.2020 The members are aware that the …
ABCAUS Excel Depreciation Calculator FY 2019-20 under Companies Act 2013 as per Schedule-II Version 05.28 Friends, The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in March, 2015. I am so glad to publish the much awaited utility for FY 2019-20 today. The ABCAUS Depreciation …
Excel Income Tax TDS Challan ITNS-281 version 14.00 for AY 2021-22 with database facility This excel based auto Challan ITNS 281 should be used for deposit of Tax Deducted at Source (TDS) on any heads of income or for deposit of Tax Collected at Source (TCS) by both …
Excel Challan ITNS 280 FY 2020-21 AY 2021-22 with database facility. Download ABCAUS Income Tax payment Challan No. ITNS 280 This excel Challan 280 for payment of Income Tax should be used for making payment of income tax on companies (corporation tax) or income tax other than companies. This …
Empanelment to act as ICAI Exam observers for Nov 2020 CA Exam reopened. Last date extended to 25.10.2020 EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT EXAMINATION CENTRES FOR THE CHARTERED ACCOUNTANTS EXAMINATIONS NOVEMBER 2020 Earlier the ICAI had reopened the window for empanelment of members to act …
UCO Bank Concurrent Auditor Online Empanelment for the period 01.10.2020 to 30.09.2021. Last date for submission of application is 30.09.2020 UCO BANKAUDIT & INSPECTION DEPARTMENTHEAD OFFICE, KOLKATA NOTIFICATION 23.09.2020 LAST DATE FOR SUBMISSION OF APPLICATION 30.09.2020 UCO Bank Concurrent Auditor Online Empanelment 2020-21 UCO Bonk invites online applications …
ICAI online MEF Application Form for the year 2020-21 has been hosted The ICAI Multipurpose Empanelment Form Panel for FY 2020-21 is available at www.meficai.org. ICAI Online MEF Application 2020-21 For the FY 2020-21, the Institute is seeking additional information related to professional experience in the fields other …
Testing of outside samples by Revenue Laboratories-CBIC Guidelines for customs samples Circular No. 46/2020-Customs F.No: 21019/08/2020-Cus(AS)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes & Customs*** North Block, New DelhiDated 15th October, 2020 To, All Pr. Chief Commissioners/Chief Commissioners of Customs,All Pr. Chief Commissioners/Chief Commissioners of …
Faceless Assessment -Measures for timely assessment of Bills of Entry and clarification on defacement of physical documents Circular No. 45/2020-Customs F. No. 450/26/2019-Cus. IV(Pt)Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs) Room No.227B, North Block. New Delhi, dated 12th of October, …
Assessment of Bill of Entry for imports made at a different Customs station-Functions increased for Superintendent of Customs MINISTRY OF FINANCE(Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 96 /2020-Customs (N.T.) New Delhi, the 12th October , 2020 G.S.R. 629(E).—In exercise of the powers …
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 …
