The Central Board of Indirect Taxes and Customs, on receiving various references from trade and industry have released Clarification in Respect of Applicability of Dynamic QR Code on B2C invoices via six practical illustrations.
During the meeting, ICAI has been asked to provide its continuous support & inputs to CBDT and Infosys, in resolving the issues, as early as possible and have been asked to constitute a task force of 7 representatives.
FM Nirmala Sitharaman asked Infosys to address all issues without further loss of time, improve their services, redress grievances on priority as it was impacting taxpayers adversely.
6000 students have pled the Chief Justice of India - Hon'ble Justice Nuthalapati Venkata Ramana to direct ICAI to provide an unconditional Opt Out Facility, increase in number of attempts for Old Course Students and to conduct an additional examination.
The Institute of Company Secretaries of India, in order to maintain a healthy and peaceful atmosphere during the election process and for ensuring a free and fair election, has released a Code of Conduct for Election to Council from EIRC - 2021.
These sections mandate tax deduction under Section 206AB or tax collection under Section 206CCA at a higher rate in the case of certain non-filers of return and will be effective from 1st July 2021 onwards.
It has been clarified by ICAI that it is not possible to accede to the request of the candidates of Ahmedabad, Aurangabad, Chennai and Pune for transfer to an examination centre in a particular zone of the city opted by them.
The opt out can be exercised by login into the examination portal and submitting the COVID-19 positive RTPCR Report, Aadhar Card and Self Declaration form as prescribed by the Institute of Chartered Accountants of India.
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/.
MCA has released the Companies (Indian Accounting Standards) Amendment Rules, 2021. As such, the Central Government, in consultation with the National Financial Reporting Authority has notified amendments in various Ind AS's.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)