CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment CBDT clarification on carry forward of losses for shareholding change due to strategic disinvestment Finance Act, 2021 has amended section 72A of the Income-tax Act, 1961 (the Act) to inter alia provide …

Know all about Account Aggregator Network- FAQs on Account Aggregator Network , a financial data-sharing system Last week India unveiled the Account Aggregator (AA) network, a financial data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and …

Income Tax e-Filing portal – Technical issues are progressively addressed and there has been a positive trend in the statistics of filings on the portal. The e-Filing portal of the Income Tax Department was launched on 7th June, 2021. Taxpayers and professionals have reported glitches and difficulties in …

SEBI Listing Obligations & Disclosure Requirements 5th Amendment Regulations 2021 SEBI has amended the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by notifying the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2021. The Amendments come …

MoU signed between ICAI & The Chamber of Auditors of the Republic of Azerbaijan (CAAR) Cabinet approves Memorandum of Understanding between The Institute of Chartered Accountants of India (ICAI) and The Chamber of Auditors of the Republic of Azerbaijan (CAAR) The Union Cabinet has approved the for signing …

Eligibility to appear in Old/New scheme in November, 2021 CA examination – ICAI Announcement As per ICAI Announcement, students converted from earlier scheme to revised scheme from July 21, 2021 to August 20, 2021 allowed to appear in Old/ New scheme in November, 2021 examination The ICAI vide …