CBDT extended due date for filing audit report u/s 10AA by units in SEZs for AY 2023-24 Circular No. 18 of 2023 F. No. 370142/40/2023-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Dated the 20th October, 2023 Order under section 119 of the Income-tax Act …
ICAI issue Technical Guide on Internal Audit of Pharmaceutical Industry the Indian pharmaceutical industry is the world’s 13th largest by value and third largest in the world by volume. The pharmaceutical industry in India was valued at an estimated US $42 billion in 2021 and is estimated to …
CBDT amends rules for furnishing declaration in Form 60 by person not having PAN Under clause (c) of sub section 5 of Section 139A, every person is required to quote such PAN in all documents pertaining to prescribed transactions entered into by him. Rule 114BA provides for quoting …
RBI suspends BOB World mobile App from further onboarding of customers due to material deficiencies As per the press release of the Reserve Bank of India it has directed Bank of Baroda to immediately suspend any further onboarding of the customers onto the ‘bob World’ mobile application. This action …
CBDT clarifies on reporting of person making substantial contribution in Audit Report in Form 10B / 10BB for AY 2023-24. From Assessment Year 2023-24, audit report of charitable institutes is required to filed in Form 10B or Form 10BB. Audit report in the case of a fund or …
CAs to disclosure Fees-Relative size of audit client to ICAI w.e.f. 01.10.2023 Disclosure of Fees-Relative size is to be made by a Chartered Accountant to ICAI w.e.f. 01.10.2023 as per reporting requirements pertaining to Fees related disclosure under the revised requirements in Code of Ethics ICAI has made …