CAclubindia News


ICAI re-opens the online filling up of examination application forms for December 2021 CA Exams

   08 October 2021 at 06:20

ICAI has decided to re-open the online filling up of examination application forms for December 2021 CA Exams. These will be re-opened for two days, starting from 11th October 2021 (12:01 AM) till 12th October 2021 (11:59 PM).

Posted in Students |   4884 Views


CBDT issues refunds to more than 53.54 lakh taxpayers from 1st April to 4th October, 2021

   06 October 2021 at 20:10

Income tax refunds of Rs. 20,510 crore have been issued in 51,88,762 cases &corporate tax refunds of Rs. 61,719 crore have been issued in 1,65,397 cases. This includes 24.73 lakh refunds of AY 2021-22 amounting to Rs. 1903.05 crore.

Posted in Income Tax  1 comments |   1551 Views


Post-implementation Review of IFRS 9-Classification and Measurement

   06 October 2021 at 05:44

ICAI has opened the Request for Information: Post-implementation Review of IFRS 9 - Classification and Measurement for comments. Comments on the same may be sent to ICAI electronically, or via email or post by 10th December 2021.

Posted in Accounts |   4353 Views


Seychelles' Tax Inspectors Without Borders (TIWB) programme launched in partnership with India

   05 October 2021 at 05:50

Tax Inspectors Without Borders, a joint initiative of the United Nations Development Programme and the Organisation for Economic Cooperation and Development, launched its programme in Seychelles on 4th October 2021.

Posted in Professional Resource |   1500 Views


Resumption of Blocking of E-Way Bill (EWB) generation facility

   05 October 2021 at 05:48

The blocking of EWB generation facility has now resumed on the EWB portal for all the taxpayers. Going forward, from the tax period August 2021 onwards, the System will periodically check the status of returns filed in Form GSTR-3B.

Posted in GST |   3225 Views


Government takes note of the data trove in the Pandora Papers leak

   05 October 2021 at 05:48

On 3rd October 2021, the International Consortium of International Journalists (ICIJ) has come out with what is claimed to be a 2.94 terabyte data trove that exposes the offshore secrets of wealthy elites from more than 200 countries and territories.

Posted in Income Tax |   1614 Views


Rescheduled Intermediate and Final Schedule for Merged December 2021 CMA Exams

   04 October 2021 at 05:45

Application Forms for CMA Intermediate and Final Examination has to be filled up online only and fees will be accepted through online mode only (including Payfee Module of IDBI Bank).

Posted in Students |   3276 Views


Shri Piyush Goyal calls CA fraternity to work on Mission Mode for creating standards in transparency

   04 October 2021 at 05:44

The Commerce Minister said $5 trillion economy is a bold ambition & every Indian has to contribute in making it possible and make it a mass movement. He further adds - "CAs will play a pivotal role in Catalyzing Reform & Creating Value".

Posted in Professional Resource |   1743 Views


CBDT notifies Rules for implementing the amendments made by the Taxation Laws(Amendment) Act, 2021

   02 October 2021 at 15:41

No tax demand shall be raised in future on the basis of the amendment to section 9 of the Income-tax Act made vide Finance Act, 2012 for any offshore indirect transfer of Indian assets if the transaction was undertaken before 28th May 2012.

Posted in Income Tax  1 comments |   5742 Views


GST Revenue Collection for September 2021 shows a growth of 23%

   01 October 2021 at 20:55

The gross GST revenue collected in the month of September 2021 is Rs. 1,17,010 crore of which CGST is Rs. 20,578 crores, SGST is Rs. 26,767 crores, IGST is Rs. 60,911 crores and Cess is Rs. 8,754 crores.

Posted in GST |   2178 Views