CBDT exempts income of the National Skill Development Corporation u/s 10(46) of the Income Tax Act 1961 CBDT vide Notification No. 10 /2022 has exempted the following income of the National Skill Development Corporation (a) Amount received in the form of Government grants. (b) Amount received in the …
ICAI notifies Dates of CA Exams May 2022 The Institute of Chartered Accountants of India has announced the next Chartered Accountants Foundation, Intermediate and Final Examinations to be held in May 2022. The examination in Post Qualification Course viz.: International Taxation –Assessment Test (INTT –AT) will …
RBI issues regulations for NBFCs under amended Factoring Regulation Act 2011 The Factoring Regulation Act, 2011 has been amended recently. The amendment widens the scope of companies that can undertake factoring business. The said Act permits Trade Receivables Discounting System (TReDS) to file the particulars of assignment of …
ICAI bans eight CAs due to professional misconduct ICAI has banned/Removed names of six chartered accountants from the Register of Members for their professional misconduct. These Chartered Accountants were held by Disciplinary Committee of ICAI guilty of Professional Misconduct and were removed from the Register of Members for …
CA certificate requirement abolished for applying license for manufacture & proof test of fire arms. Govt. has abolished requirement of CA certificate for applying license for manufacture & proof test of fire arms. Under the provisions of the Indian Arms Rules 2016, Application for a fresh license for …
Regime of service tax can not be invoked if assessee had regularly paid amount of VAT liability towards the same transaction ABCAUS Case Law CitationABCAUS 3568 (2022) (01) SC The assessee was engaged in conversion of analog cinema content into digital format. The movies were exhibited in theaters …
