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ICAI invites comments from the public on the Discussion Paper issued by the IASB
09 January 2021 at 08:33The Institute of Chartered Accountants of India invites comments from the public on the Discussion Paper issued by the IASB. The downloadable version is available at https://www.icai.org/resource/62735asb50718.pdf.
ICAI invites comments on the Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12 issued by the IASB
09 January 2021 at 08:33The Institute of Chartered Accountants of India invites comments on the Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12 issued by the IASB. The downloadable version is available at https://www.icai.org/resource/62736asb50719.pdf.
DGGI Gurugram arrests one for fraudulently availing input tax credit of Rs 8 crores
09 January 2021 at 08:33Shri Sanjay Goel was arrested on 08.01.2021 and produced before, Duty MM Delhi, who ordered judicial custody. A total fake ITC of more than Rs 8 crore has been thus passed/availed by the accused.
NSDL releases e-TDS/TCS Return Preparation Utility Ver. 3.5. Download now!
08 January 2021 at 17:53The National Securities Depository Limited has released the e-TDS/TCS Return Preparation Utility Ver 3.5 for Regular & Correct e-TDS/TCS.
Norms on eligibility, empanelment and appointment of Statutory Branch Auditors in Public Sector Banks from the year 2020-21 and onwards
08 January 2021 at 17:53The Reserve Bank of India releases Norms for selection of branches of Public Sector Banks (PSBs) for Statutory Audit and Procedure for appointment of Statutory Branch Auditors.
CBIC releases updated rate of exchange of conversion w.e.f 8th January 2021
08 January 2021 at 10:49The Central Board of Indirect Taxes and Customs hereby determines the rate of exchange of conversion of each of the foreign currencies given w.e.f 8th January 2021.
Facility to declare invoices on monthly basis for quarterly taxpayers under QRMP scheme has been made available from 01.01.2021
08 January 2021 at 08:30The Central Board of Indirect Taxes and Customs, via their official Twitter handle, have announced that the facility to declare invoices on a monthly basis, for quarterly taxpayers has been made available from 1st January 2021.
FVU version 7.0 related changes have been enabled in e-filing portal
08 January 2021 at 08:29The Income Tax Department, via the e-filing portal has announced that they have released the File Validation Utility (FVU) 7.0 related changes on the portal.
ICAI releases Result of the Online Examination of the Certificate Course on Ind AS held on 27th December 2020
08 January 2021 at 08:29The Institute of Chartered Accountants of India has released the results of the Online Examination of the Certificate Course on Ind AS held on 27th December 2020.
CBIC introduces flagship Liberalised Authorised Economic Operator Package for MSMEs
08 January 2021 at 08:29In order to attract MSMEs to become Authorised Economic Operators (AEOs) and avail the various benefits, the CBIC has relaxed the compliance criteria provided the MSMEs have a valid certificate from their line-Ministry.
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