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Extension of Time for Submission/Uploading of FCRA online Annual Returns for the Year 2020-21 up to 30th June, 2022. Government of India Ministry of Home Affairs(Foreigners Division-FCRA Wing)******** First Floor, Major Dhyan Chand National StadiumIndia Gate Circle, New Delhi-110001 Dated: 3Pt March, 2022 PUBLIC NOTICE Subject: Extension of …
06ICAI further defers certain provisions of Volume-I of Revised Code of Ethics, 2019 to 30th Sep 2022 ICAI revised Code of Ethics Applicability The revised 12th edition of ICAI Code of Ethics for Chartered Accountants has come into effect from 1st July, 2020. The ICAI new Code of …
Requirement of mandatory audit trail in company accounting software postponed to financial year commencing on or after 01.04.2023. Read MCA Notifications Requirement of mandatory audit trail in accounting software postponed MCA vide notification dated 31st March 2022, postponed the requirement of compulsory audit trail in company accounting software. …
Amendment by Finance Act 2021 for disallowance u/s 36(1)(va) read with u/s 43B retrospective or prospective is debatable & controversial – ITAT ABCAUS Case Law CitationABCAUS 3588 (2022) (03) ITAT Important case law relied referred:CIT vs. Hindustan Electro Graphites Ltd. 243 ITR 0048 (SC)Modern Fibotex India Ltd. & …
Empanelment to act as ICAI exam observers for May 2022 CA Examination Last date to apply 25.03.2022. Honorarium increased to Rs. 3000 from Rs. 1500 per day ICAI extends last date for empanelment as observers from 25th March 2022 to 31st March 2022. EMPANELMENT OF MEMBERS TO ACT …
Adjudication of show cause issued by DGGI where principal place of business of noticees fall under the jurisdiction of multiple Central Tax Commissionerates CBIC has issued Circular No.169/01/2022-GST dated 12th March, 2022 making amendment to Circular No. 31/05/2018-GST, dated 9th February, 2018 on ‘Proper officer under sections …
Standard Operating Procedure (SOP) for Scrutiny of GST returns for FY 2017-18 and 2018-19 CBIC has issued Instruction No. 02/2002-GST prescribing Standard Operating Procedure (SOP) for Scrutiny of GST returns for FY 2017-18 and 2018-19. The SoP has been issued as as an interim measure till the time …
Only AO holding charge over an assessee for assessment purposes could issue reassessment notice u/s 148 – ITAT ABCAUS Case Law Citation ABCAUS 3587 (2022) (03) ITAT Important case law relied referred:Lt. Col. Paramjeet Singh vs. CIT (1996) 220 ITR 446Attar Singh & Ors. In the instant case, …
Credit Guarantee Scheme for Subordinate Debt for Stressed SMEs NPA loan accounts extended till 31.03.2022 Government had announced creation of ‘Distressed Assets Fund- – Subordinate Debt for Stressed MSMEs’ on 13th May, 2020, under the Aatma Nirbhar Bharat Package. A scheme viz. ‘Credit Guarantee Scheme for Subordinate Debt’ was …
Chartered Accountant/ CA Firms s permitted to register on GeM Portal for rendering professional services ICAI has issued clarification on Chartered Accountants in Practice/Firms of Chartered Accountants registering themselves on GeM (Government e- marketplace) Portal As the members are aware, Government of India has mandated procurement of goods …
