CAclubindia News

CA Inter and Final Old Course Last Attempt Extended to November 2021 Exams

20 August 2021 at 21:20

ICAI has extended the last attempt to appear in the CA Inter and Final Old Course Examination to November 2021 for all the students of these courses irrespective of their opting out of the May 2021 examination cycle or not.

Posted in Students | 7 comments | 8958 Views

CBDT notifies new Rule 12AA

20 August 2021 at 15:19

CBDT has released the Income-tax (24th Amendment) Rules, 2021 in order to amend the Income-tax Rules, 1962. Under the amended rules, a new Rule 12AA has been inserted after Rule 12A and a new Rule 51B has also been inserted after Rule 51A.

Posted in Income Tax | 7995 Views

Glitches in the New IT Portal expected to be solved in 2-3 weeks - FM

18 August 2021 at 05:49

ANI, on 16th August 2021 tweeted from their official Twitter handle that FM Nirmala Sitharaman has committed to fixing all technical glitches on the New Income tax Portal in the next 2-3 weeks.

Posted in Income Tax | 2 comments | 12078 Views

Avoidance of GST by E-commerce Companies

17 August 2021 at 05:46

CAIT has sent an important communication to all CM's drawing their attention towards GST avoidance by e-commerce players causing huge loss of GST revenue to the government and also urged support for E-Commerce Rules under the Consumer Protection Act.

Posted in GST | 4572 Views

New Functionalities made available for Taxpayers on GST Portal in July 2021

16 August 2021 at 18:45

New Functionalities pertaining to modules of Registration, Returns and Refund made available for Taxpayers on the GST Portal for the m/o July 2021 has been mentioned here.

Posted in GST | 6777 Views

Time Table for December 2021 CS Executive and Professional Programme Examination

16 August 2021 at 05:55

ICSI has released the schedule for the December 2021 session of CS Executive and Professional Examinations under the Old and New Syllabus. The exams are scheduled to commence from 21st December 2021 and will conclude on 30th December 2021.

Posted in Students | 5013 Views

ICAI extends date for completion of ICITSS for provisionally registered students through Direct Entry Route to appear in CA Intermediate May 22 Exams

15 August 2021 at 17:56

ICAI has extended the date for completion of ICITSS for provisionally registered students through Direct Entry Route. These students are now allowed to start their practical training before 15.08.2021 and complete their ICITSS before 31.10.2021.

Posted in Students | 2457 Views

CBDT issues refunds to more than 22.61 lakh taxpayers between 1st April to 9th August, 2021

14 August 2021 at 10:30

Income tax refunds of Rs. 14,241 crore have been issued in 21,38,375 cases & corporate tax refunds of Rs. 33,078 crore have been issued in 1,22,511 cases.

Posted in Income Tax | 1848 Views

No Change in CS Examinations - Clarifies ICSI

14 August 2021 at 05:45

ICSI has clarified that there will be no change in CS exams and the same will be held on 20th August 2021 only, as per the time table hosted on the institute's website. As such, there is no change in the time table announced earlier.

Posted in Students | 2244 Views

ICAI I Exposure Draft of revised AS 105 - Non-current Assets Held for Sale and Discontinued Operations

13 August 2021 at 17:23

ICAI has released the Exposure Draft of Revised AS 105, Non-Current Assets Held for Sale and Discontinued Operations. Comments on the same may be sent electronically or via email or post so as to reach the institute by 14th September 2021.

Posted in Accounts | 4422 Views