CAclubindia News

ICSI requests MCA for extension of timeline for holding Annual General Meeting due to COVID-19

23 August 2021 at 06:32

ICSI has written a representation letter to MCA to extend the timeline for holding of AGM for the year ended 31st March 2021 till 31st December 2021 so as to provide relief to all the companies and stakeholders, keeping in view the COVID-19 pandemic.

Posted in Corporate Law | 3426 Views

New IT Portal now live after emergency maintenance activity by Infosys

23 August 2021 at 06:31

In a tweet, at around 9 pm on 22nd August 2021, the Infosys team revealed that the maintenance activity has now been completed and the portal is up and running again.

Posted in Income Tax | 7 comments | 10716 Views

FM Summons Infosys CEO to explain why glitches on the New IT Portal have not been resolved

22 August 2021 at 17:16

Ministry of Finance has summoned Sh Salil Parekh, MD &CEO, Infosys on 23/08/2021 to explain to hon'ble FM as to why even after 2.5 months since launch of new e-filing portal, glitches in the portal have not been resolved.

Posted in Income Tax | 2 comments | 5889 Views

ICMAI to conduct Model Exam for CMA Foundation students from 25th to 29th August 2021

21 August 2021 at 07:18

ICMAI will be conducting an Online - Home Based Model Exam for CMA Foundation students, from 25th to 29th August 2021. Only Eligible candidates for the June 2021 Foundation course examination will be allowed to appear in this Model exam.

Posted in Exams | 3573 Views

ICAI amends Multipurpose Empanelment Form (MEF) - 2021-22 to make it comprehensive and more user friendly

21 August 2021 at 07:17

ICAI is upgrading the Multipurpose Empanelment Form for FY 2021-22 to be filled by CA Firms and Members applying for Bank Audits and other assignments. The said form will now be comprehensive and more user friendly and will be made live in October 2021.

Posted in Professional Resource | 2166 Views

EPFO adds 12.83 lakh net subscribers in the month of June 2021

21 August 2021 at 07:17

Of the total 12.83 lakh net subscribers, around 8.11 lakh new members have come under the social security coverage of the Employees’ Provident Funds Scheme for the first time. 48% of these additions are in the age group of 18-25 years.

Posted in Corporate Law | 1791 Views

CA Inter and Final Old Course Last Attempt Extended to November 2021 Exams

20 August 2021 at 21:20

ICAI has extended the last attempt to appear in the CA Inter and Final Old Course Examination to November 2021 for all the students of these courses irrespective of their opting out of the May 2021 examination cycle or not.

Posted in Students | 7 comments | 8883 Views

CBDT notifies new Rule 12AA

20 August 2021 at 15:19

CBDT has released the Income-tax (24th Amendment) Rules, 2021 in order to amend the Income-tax Rules, 1962. Under the amended rules, a new Rule 12AA has been inserted after Rule 12A and a new Rule 51B has also been inserted after Rule 51A.

Posted in Income Tax | 7920 Views

Glitches in the New IT Portal expected to be solved in 2-3 weeks - FM

18 August 2021 at 05:49

ANI, on 16th August 2021 tweeted from their official Twitter handle that FM Nirmala Sitharaman has committed to fixing all technical glitches on the New Income tax Portal in the next 2-3 weeks.

Posted in Income Tax | 2 comments | 11976 Views

Avoidance of GST by E-commerce Companies

17 August 2021 at 05:46

CAIT has sent an important communication to all CM's drawing their attention towards GST avoidance by e-commerce players causing huge loss of GST revenue to the government and also urged support for E-Commerce Rules under the Consumer Protection Act.

Posted in GST | 4419 Views