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 March, 2021, the Institute has 3,27,081 members.
The Report highlights the important activities of the Council and its various Committees during the year 2020-2021, besides the accounts of the Institute for the year ended on 31st March 2021.
As on 31st March, 2021 the Institutes have surplus & earmarked funds of Rs. 249983 lakhs and cash equivalents of Rs. 10015 lakhs.
During the financial year ended on 31st March, 2021 the ICAI earned net surplus of Rs. 21227 lakhs. Its total receipt was Rs. 12,944 lakhs.
Order not in conformity of Faceless Assessment Scheme 2019 if not est? - ITAT remands the case in view of…
Extension of the validity of FCRA registration certificates till 30.09.2024 Home Ministry has decided to extend the validity of FCRA…
Provisions of section 68 to 69B applicable only if assessee is required to maintain books of accounts under provisions of…
When show cause notice proposed addition u/s 68 as unexplained cash credits, in assessment order addition can not be made…
AO directed to pass order u/s 148A(d) after considering belated reply filed by assessee after supply of legible copies of…
AO converted limited scrutiny into complete scrutiny without obtaining permission and in violation of CBDT Instruction - ITAT quashed Assessment…