12 Mistakes/Practices that would invite TDS/TCS Survey by Income Tax Department. Follow best practices to ensure proper compliance of TDS provisions The Income Tax Central Action Plan 2018-19 has set a target of at least 30 surveys/spot verifications by each Assessing Officer during the year. CPC (TDS) regularly …

CBDT issues Income Tax Central Action Plan 2018-19. 1250000 new return filers to be added The CBDT has issued the Central Action Plan (CAP) for 2018-19. The Action Plan lays down the deliverables, action points and time-lines in respect of Key Result Areas of the Income Tax  Department …

MRA / MoU between ICAI and CPA Ireland, BIBF Bahrain and NBAA Tanzania Cabinet approves the Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and : (a) The Institute of Certified Public Accountants, Ireland (MRA) (b) Bahrain Institute of …

CBIC nominates Grievance Redressal Officers for e-way bill system where vehicle has been intercepted and detained for a period exceeding thirty minutes. Grievance Redressal Officers have been appointed by both the Central and State Governments under the provisions of e-way bill rules for processing the complaints/information uploaded by taxpayers/transporters …

Appointment of Insolvency Professionals as authorised representative for classes of creditors by electronic means before 15 days of resolution plan approval Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/CIRP/015/2018 13th July, 2018 To All Registered Insolvency Professionals All Recognised …

ICAI tie up for free ITR and TDS Return Preparation software for Practising Chartered Accountants & CA Firms. The Software is free of cost for 2 financial years The Committee for Capacity Building of Members in Practice (CCBMP) of the Institute of Chartered Accountants of India (ICAI) has …