Author: administrator
MCA relaxes levy of additional fees for annual financial statement e-filings Relaxation on levy of additional fees in filing of e-forms AOC-4, AOC-4(CFS), AOC-4, AOC-4 XBRL AOC-4 Non-XBRL and MGT-7/MGT-7A for the financial year ended on 31.03.2021 under the Companies Act 2013. MCA by General …
Faceless Appeal Scheme 2021 notified by CBDT CBDT has notified revised Appeal Scheme 2021. Earlier, CBDT had notified the Faceless Appeal Scheme 2020 vide notification number S.O. 3296(E) dated 25th September 2020 and S.O. 3297(E) dated 25th September 2020 The Faceless Appeal Scheme 2021 prescribes the following procedures: …
ICAI notifies members elected to 25th Council of the Institute The Institute of Chartered Accountants of India (ICAI) has notified the members, who have been elected to the Twenty Fifth Council of the Institute from different constituencies as under:- List of members elected to 25th Council of ICAI …
Mandatory Aadhar authentication for GST Refund/Revocation application effective from 01.01.2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 38/2021–Central Tax New Delhi, the 21st December, 2021 G.S.R.875(E).—In pursuance of sub-rule (2) of rule 1 of the Central Goods and Services Tax (Eighth Amendment) …
CBIC clarifies GST on service supplied by restaurants through e-commerce operators In 45th meeting of the GST Council held on 17th September, 2021 it was recommended to notify ‚Restaurant Service‛ under section 9(5) of the CGST Act, 2017. Accordingly, the tax on supplies of restaurant service supplied through …
RE-OPENING OF ONLINE FILLING UP OF EXAMINATION APPLICATION FORMS FOR CHARTERED ACCOUNTANTS – INFORMATION SYSTEMS AUDIT, ASSESSMENT TEST, 8th JANUARY 2022. ICAI has reopened online filling of CA ISA Assessment Test exam application. As per ICAI announcement the step has been taken in the interest of welfare & …
Clarification of holding of AGM by Video Conference (VC) etc. in 2022 for FY ended any time before/on 31.03.2022 till 30th June 2022 The MCA has issued General Circular No. 20/2020 dated 05.05.2020, General Circular No. 02/2021 dated 13.01.2021 and General Circular No. 19/2021 dated 08.12.2021, clarifying the …
Indian Accounting Standards-An Overview. ICAI releases 6th edition (Revised 2021) The Institute of Chartered Accountants of India (ICAI) has released fifth edition of Indian Accounting Standards (IndAS): An Overview (Revised 2021). The publication gives a glance on the basic aspects of applicable Ind AS in a summarised manner, …
CBDT notifies e-Verification Scheme 2021. CBDT has issued Notification No. 137 /2021 for the e-Verification Scheme, 2021. The Scheme has come into effect from 13th December 2021. Scope of the e-Verification Scheme 2021 The Scheme shall apply be in respect of: (i) calling for information under section 133 …
Omission to claim statutory deduction u/s 57(iv) is a mistake apparent from record, rectifiable under Section 154 In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming the order passed by the Assessing Officer (AO) u/s 154 of the Income Tax Act, …
