The Chartered Accountants Association, Surat has written a representation letter to the Ministry of Finance stating their Resentment towards FMO's Approach on Direct-Indirect Taxes & Corporate Affairs.
The Direct Tax Committee of ICAI has further requested the Ministry of Finance to extend the due dates for various Income Tax Returns and Tax Audit Reports to 31st March 2021, including various TDS and TCS Compliances.
The Income Tax Department has issued a clarification that they are working on the changes of File Validation Utility and the taxpayers are requested to wait for some time.
The Central Board of Direct Taxes, via their official Twitter handle, has released the amount of refund that has been issued to 1.41 crore taxpayers, including the break-up of such a refund.
An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and also of Form GSTR-3B returns), as per sub-rule (2) of Rule-59 of the CGST Rules, 2017.
The Institute of Company Secretaries of India will be conducting a Repeat Mock Test on 7th January 2021, for students who weren't able to take the Mock Test on 6th January 2021.
Madhya Pradesh and Andhra Pradesh have become the first group of States to complete three out of the four citizen centric reforms stipulated by the Department of Expenditure, Ministry of Finance.
Admit cards in respect of candidates admitted to the Foundation, Intermediate (IPC), Intermediate, Final and Final - New examination, with their photographs and signatures on them, are hosted on https://icaiexam.icai.org/
The Reserve Bank of India has imposed a monetary penalty on Bajaj Finance Ltd, Maharashtra Nagari Sahakari Bank Maryadit, Latur and Vyavasayik Sahakari Bank Maryadit, Raipur.
The Institute of Chartered Accountants of India, via their official Twitter handle, has announced that they are organizing the MSME National Conclave on ‘Empowering MSMEs towards Aatma Nirbhar Bharat', on 7th January 2021 at 10 am.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English