CAclubindia News

Customs officials recover smuggled gold, fake notes worth Rs 10 lakhs at IGI airport

15 January 2022 at 08:14

Delhi Customs Officials recover smuggled gold worth over Rs 7.5 lakh along with Fake Indian Currency Notes worth Rs 10 lakhs at IGI Airport; 2 arrested

Posted in Custom | 2058 Views

ICAI seeks for issuance of NFRA Consultation Paper on Statutory Audit and Auditing Standards for MSMCs

15 January 2022 at 08:13

ICAI concerns are: (i) Returning of "Revision of Existing Accounting Standards: Approach Paper (2020) prepared by ICAI" by NFRA and(ii) Issuance of NFRA Consultation Paper on "Statutory Audit and Auditing Standards for Micro, Small and Medium Companies

Posted in Professional Resource | 3726 Views

DGGI Officials bust network involving fake invoices engaged in providing services of Cloud Storage

14 January 2022 at 17:55

Recently a case was booked by DGGI against some fake firms, which were found non existing at their principal place of business.

Posted in GST | 3948 Views

DDMA includes Offices of CAs & IT Practitioners under Exempted Category

14 January 2022 at 08:37

On the specific request of CBDT, the offices of Chartered Accountants & Income Tax Practitioners have been included in the Exempted Category as prescribed in DDMA's GRAP Order No. 460 dated 08.08.2021.

Posted in Income Tax | 9414 Views

CBDT issues refunds to more than 1.59 crore taxpayers from 1st April 2021 to 10th January 2022

13 January 2022 at 11:46

CBDT issues refunds of over Rs. 1,54,302 crore to more than 1.59 crore taxpayers from 1st Apr, 2021 to 10th January, 2022.

Posted in Income Tax | 1323 Views

MCA amends Section 403 of the Companies Act 2013 and Companies Amendment Rules, 2022 to come into force w.e.f. 1st July, 2022

13 January 2022 at 08:48

Amendment in Section 403 of the Companies Act, 2013 and notification of Companies (Registration Offices and Fees) Amendment Rules, 2022 w.e.f. 01st July, 2022

Posted in Corporate Law | 6726 Views

Shri Piyush Goyal asked industry bodies to prepay MSMEs for their services to boost employment and growth

12 January 2022 at 17:29

The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution today asked Industry Bodies to prepay MSMEs to safeguard their viability and to boost employment and growth.

Posted in Others | 1197 Views

Lenskart CEO Apologizes to the CA Fraternity over his remarks on Shark Tank India

11 January 2022 at 18:01

On Friday 8th January 2022, Lenskart CEO Peyush Bansal, was broadcasted saying, "Ek advice hai, CA se durr raho" on the show Shark Tank India. Shark Tank India is an Indian business reality television series that airs on SET India.

Posted in Professional Resource | 1 comments | 31560 Views

CBDT extends the timeline for filing Income Tax Returns and various Reports of Audit for AY 2021-22

11 January 2022 at 17:41

CBDT has extended the timeline for filing of Income Tax Returns and various Reports of Audit for AY 2021-22. This has been done following the adverse impact of the 3rd wave of the COVID-19 pandemic and difficulties faced by taxpayers and professionals.

Posted in Income Tax | 15 comments | 62937 Views

AAP MP ND Gupta Requests FM Nirmala Sitharaman to Extend Tax Audit Filing Due Date

11 January 2022 at 08:40

ND Gupta, Rajya Sabha MP and Member in Standing Committee of Petroleum & Natural Gas has written a letter to Finance Minister Nirmala Sitharaman and has sought an extension in the tax audit filing date for the current assessment year.

Posted in Audit | 7743 Views