CAclubindia News


ICAI releases a New Publication - Compendium of Opinions - Volume XXXVII

   13 January 2021 at 08:33

This Volume of Compendium of Opinions contains opinions finalised by the Expert Advisory Committee during the period February 12, 2017 – February 11, 2018.

Posted in Professional Resource |   2940 Views


CBDT launches e-portal for filing complaints regarding tax evasion/Benami Properties/Foreign Undisclosed Assets

   13 January 2021 at 08:33

The public can now file a Tax Evasion Petition through a link on the e-filing website of the Department under the head “File complaint of tax evasion/undisclosed foreign asset/ benami property”.

Posted in Income Tax  4 comments |   7938 Views


Income tax department shares due date extensions of other countries while clarifying that no further extension will be made

   12 January 2021 at 13:23

The Income Tax Department, on 11th January 2021 clarified that no further extension shall be given for Income Tax Returns and Tax Audit Reports. In this regard, they compared the due date extensions of other countries.

Posted in Income Tax  14 comments |   21774 Views


ICAI changes exam centre in Allahabad for Jan/Feb 21 Exams

   12 January 2021 at 11:27

The Institute of Chartered Accountants of India has changed the exam centre in Allahabad for all students for the January/February 2021 Exams. Read the official announcement and the changed exam centre here.

Posted in Students |   4965 Views


RBI releases the Financial Stability Report, January 2021

   12 January 2021 at 10:11

RBI has released the 22nd issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC).

Posted in Others |   3099 Views


GST Update - Auto-population of e-invoice details into GSTR-1

   12 January 2021 at 08:32

Taxpayers should not wait for the inadvertent gap wherein some invoices are not being populated in GSTR-1 and are advised to proceed with the preparation and filing of GSTR-1, based on actual data as per their records.    

Posted in GST |   5415 Views


No Further Extensions in the Due Date for Filing Income Tax Returns and Tax Audit Reports, says CBDT

   11 January 2021 at 23:27

CBDT clarifies that there will be no further extensions in the due date for filing Income Tax Returns and Tax Audit Reports.

Posted in Income Tax |   19341 Views


ICAI releases Handbook on Audit of CSR Activities

   11 January 2021 at 17:53

The Institute of Chartered Accountants of India has released a Handbook on Audit of CSR Activities. Click the link given to download the same.

Posted in Audit |   3489 Views


11th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

   11 January 2021 at 17:45

A total amount of Rs.66,000 crore released so far to all States and UTs with legislationThis is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the StatesThe Ministry of Finance has released the 11th weekly instalmen

Posted in GST |   1086 Views


E-Filing website to go under a maintenance activity on 11th Jan 2021 immediately after 12 midnight till 4 AM

   11 January 2021 at 14:54

The Income Tax Department, via their official Twitter handle, has made an announcement stating that the E-Filing Portal will be going under a maintenance activity on 11th Jan 2021 immediately after 12 midnight till 4 AM.

Posted in Income Tax |   2169 Views