CAclubindia News


CBDT notified form ITR-A for filing of modified return by successor entity

   21 September 2022 at 08:38

CBDT notifies the Income-tax (31st Amendment) Rules, 2022, to insert new IT Rule 12AD/ Form ITR-A regarding filing of Return of Income by a Successor Entity

Posted in Income Tax |   6396 Views


Amendment in IBBI (Liquidation Process) Regulations, 2016 and IBBI (Voluntary Liquidation Process) Regulations, 2017

   21 September 2022 at 08:38

IBBI amends Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017

Posted in Corporate Law |   3291 Views


ICAI Convocation 2022 to be held on 6th October

   20 September 2022 at 08:35

The next ICAI Convocation will be held on 6th October 2022 at following Cities, for Members who are enrolled during the period from 1st September 2021 to 30th April 2022.

Posted in Professional Resource |   11073 Views


ICAI releases Exposure Draft of AS 113

   20 September 2022 at 08:35

Exposure Draft of revised AS 113, Fair Value Measurement has been issued by the ASB for comments with the last date being October 18, 2022

Posted in Accounts |   6084 Views


DRI and Customs seize 10,230 kg red sandalwood worth Rs 6 crore from Haryana

   20 September 2022 at 08:35

DRI and Customs seize 10,230 kg of Red Sanders (Red Sandalwood), with estimated worth of Rs 6 crore, at ICD Palwal, Haryana

Posted in Custom |   2760 Views


Gross Direct tax collection grows 30% to Rs 8.36 lakh crore in FY 2022-23

   19 September 2022 at 08:28

The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2022-23 stands at Rs. 8,36,225 crore compared to Rs. 6,42,287 crore

Posted in Income Tax  1 comments |   2841 Views


CBDT issues revised guidelines for compounding of offences under IT Act 1961

   18 September 2022 at 07:36

CBDT has taken steps and issued revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the 'Act') dated 16.09.2022

Posted in Income Tax |   4425 Views


CBIC develops system for online monitoring of GST audits

   17 September 2022 at 07:29

Central Board of Indirect Taxes and Customs (CBIC) has developed a system for online monitoring of GST audits initiated by tax officials across the country for effective oversight of the audit process.  

Posted in GST |   6420 Views


FM Nirmala Sitharaman exhorts banks to plan for next 25 years

   17 September 2022 at 07:29

Banking sector has to make a big contribution to making India a developed nation by 2047: Union Finance Minister Smt. Nirmala Sitharaman at 75th AGM of Indian Banks' Association

Posted in Others |   1896 Views


MCA revises threshold for paid up capital of small companies

   17 September 2022 at 07:29

Latest revision to facilitate Ease of Doing Business further and reduce compliance burden on "small companies"

Posted in Corporate Law |   3789 Views