Resumption of Limited Insolvency Examination in areas/locations where such activities have been permitted under State and local guidelines.   Resumption of Limited Insolvency Examination   INFORMATION FOR CANDIDATES   The Limited Insolvency Examinations have resumed in areas/locations where such activities have been permitted under State and local guidelines. …

ICAI advises obtaining CA/Auditor’s report on utilisation of CSR funds if CSR activity is done through third party   ICAI advisory for Chartered Accountants and Companies to whom CSR provisions under Companies Act, 2013 apply   A Company which is required to comply with CSR Regulations u/s 135 …

Facility for registration of IRP/RPs made available on the GST Portal on behalf of the Corporate Debtors registered earlier, within 30 days of appointment  27/05/2020 Registration of IRP/RPs on GST Portal  1. Insolvency Resolution Professionals/ Resolution Professionals (IRPs/RPs), appointed to undertake corporate insolvency resolution proceedings for Corporate Debtors, …

CBDT notifies Form of Annual Information Statement u/s 285BB by inserting rule 114-I. This will replace the existing Form 26AS of TDS/TCS The Finance Act 2020, in order to extend the scope of Form 26AS beyond the information about tax deducted, inserted a new section 285BB regarding Annual …

Four hour mandatory CPE on Standards on Auditing & Code of Ethics can be done through virtually/online meetings/webnairs by calendar year 2020 onwards – ICAI  ICAI, in view of the global pandemic Covid-19, had decided to completely restrict conduction of any programme/class by any Regional Council/Branch/Central Level Committee, …

CBDT amends Rule 10V for grant of exemption to eligible funds from business connections in India. CA report to be filed in Form 3CEJA u/s 9A   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)   Notification No. 29/2020   New Delhi, the 27th May, 2020   …