ICSI issues Guidance Notes on its Auditing Standards CSAS-1, CSAS-2, CSAS-3 and CSAS-4 ICSI has issued Guidance Notes on its Accounting Standards to equip the Company Secretaries while conducting audits and and to bring uniformity in the professional work. ICSI Guidance Notes on Auditing Standards  Earlier the ICSI …

Provisions regarding Independent Directors appointment further relaxed by MCA Further relaxations by the Ministry of Corporate Affairs till 1st December 2021 for inclusion of the name of Independent Directors in the Independent Directors Data Bank. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th December, 2020 G.S.R. 774(E).—In …

Ignore prompt on liability for inward supplies attracting reverse charge in Table-3.1 (d) – GSTN Advisory GSTN has issued an advisory stating that taxpayers should ignore prompt on liability for inward supplies attracting reverse charge in Table-3.1 (d) Ignore prompt on liability for inward supplies attracting reverse charge …

Mandatory validation of UDIN in Income Tax Forms / Reports. One-time relaxation by CBDT Mandatory validation of UDIN in all Income Tax Forms ICAI Announcement CBDT is validating Unique Document Identification Number (UDIN) generated from ICAI portal while uploading of Tax Audit and other Income Tax Reports as …

Companies (Compromises, Arrangements & Amalgamations) 2nd Amendment Rules 2020   MINISTRY OF CORPORATE AFFAIRS   NOTIFICATION   New Delhi, the 17th December, 2020   G.S.R. 773(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with sections 230 to 233 and sections 235 …

CARO 2020 applicability further extended to FY 2021-22 onward due to Covid-19. Read MCA Order MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 17th December, 2020 S.O. 4588(E).—In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013), the …