CAclubindia News

CBDT Issues Circular to Streamline Appeal Filings, Aiming to Reduce Litigation

19 March 2024 at 09:05

CBDT has released Circular No. 5/2024 dated March 15, 2024, under Section 268A of the Income-tax Act, 1961, presenting comprehensive guidelines for the Department's appeal filings before various judicial bodies

Posted in Income Tax | 4989 Views

Income Tax Department Releases JSON Schema for ITR 1 and ITR 4 for AY 2024-25

19 March 2024 at 09:04

The Income Tax Department has announced the release of JSON Schema for Income Tax Return (ITR) forms 1 and 4 for the Assessment Year 2024-25, corresponding to the Financial Year 2023-24.

Posted in Income Tax | 975 Views

CBDT Specifies Press Trust of India Limited for Tax Exemption u/s 10(22B) for AYs 2022-2023 to 2023-2024

18 March 2024 at 09:12

CBDT has notified "The Press Trust of India Limited, New Delhi" for the purpose of Section 10(22B) of the Income Tax Act, providing the organization with tax exemption benefits for the assessment years 2022-2023 to 2023-2024.

Posted in Income Tax | 849 Views

ICAI Announces Revised Applicability of Peer Review Mandate (Phase II & III)

18 March 2024 at 09:11

Considering the requests from Practice Units, the Council decided that the applicability of the Peer Review Mandate for the Practice Units covered under Phase II and III is extended

Posted in Professional Resource | 5613 Views

Revised Schedule of CA May 2024 Exams to be issued on 19th March

16 March 2024 at 18:02

The Institute of Chartered Accountants of India issued the detailed revised schedule of May 2024 Examinations on 19th March 2024.

Posted in Students | 12537 Views

ICAI releases a Handbook on Compliances of GST in Banking Sector

16 March 2024 at 07:47

The Handbook is bought with a view to help members to examine and substantiate GST compliance by banks specially while doing the Bank Branch/ Central Statutory and Concurrent Audit.

Posted in GST | 3489 Views

CBDT Allows E-filing of Modified Returns for Successor Companies

15 March 2024 at 09:05

CBDT has released an order dated March 13, 2024, in accordance with section 119 of the Income-tax Act, 1961, aimed at providing assistance to successor companies

Posted in Income Tax | 3483 Views

MCA Calls for Feedback on Digital Competition Law Report and Draft Bill

14 March 2024 at 09:15

MCA invites public comments on Report of Committee on Digital Competition Law and Draft Bill on Digital Competition Law

Posted in Corporate Law | 528 Views

Incentive Scheme Unveiled for RuPay Debit Cards and BHIM-UPI for FY 2023-24

14 March 2024 at 09:14

The Ministry of Finance initiates an Incentive scheme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (Person to Merchant) for the financial year 2023-24.

Posted in Community & General | 2553 Views