Day: February 5, 2022
CBDT issues Clarification regarding the Most-Favoured-Nation (MFN) clause in the Protocol to India’s DTAAs with certain countries F.No.S03/1/2021-FT&TR-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (FT&TR-I) Circular No. 3/2022 New Delhi, 3rd February, 2022 Subject: Clarification regarding the Most-Favoured-Nation …
SEBI issues Guidelines on Accounting as per IND AS of Mutual Funds Schemes SEBI vide notification dated January 25, 2022 had amended SEBI (Mutual Funds)Regulations, 1996(MF Regulations), which,inter-alia, mandated that the Asset Management Companies (AMCs) shall prepare the Financial Statements and Accounts of the Mutual Fund Schemes in …
ICAI bans four chartered accountants for professional misconduct ICAI has banned four chartered accountants for committing professional misconduct. The summary of the decisions taken by the the Disciplinary Committee in terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and …