CAclubindia News

Waiver of interest and late fee to normal and composition taxpayers, for the tax periods of March and April, 2021

05 May 2021 at 05:46

The government has granted waiver from payment of interest/late fee to normal & composition taxpayers and has granted relaxation to normal and quarterly taxpayers in filing Form GSTR-3B, and relaxation in filing Form CMP-08 for composition taxpayers.

Posted in GST | 2511 Views

ICSI to conduct a repeat mock test on 5th May 2021 for students appearing in CSEET on 8th May

05 May 2021 at 05:40

The Institute of Company Secretaries of India has decided to conduct one more repeat Mock Test for candidates (absentees only) on 5th May 2021 so that they get familiar with the test before appearing in the CSEET scheduled on 8th May 2021.

Posted in Students | 1005 Views

Online Examination of the Certificate Course on Ind AS by ICAI to be held on 27th June 2021

05 May 2021 at 05:35

ICAI has announced the Online Examination, together with a Mock Test of the 'Certificate Course on Ind AS’. The examination is only for those members who have completed at least 80% of course attendance either in the physical or the online session.

Posted in Students | 1473 Views

CBDT specifies conditions wherein an eligible foreign investor is not required to quote Aadhaar/Enrollment ID for filing of an ITR

05 May 2021 at 05:31

CBDT has released the Income-tax (14th Amendment) Rules, 2021 under which conditions have been specified wherein an eligible foreign investor is not required to quote Aadhaar/Enrollment ID for filing of an ITR u/s 139A.

Posted in Income Tax | 1023 Views

CBDT notifies certain pension funds under Section 10(23FE)

05 May 2021 at 05:23

CBDT has notified pension funds namely Caisse de dépôt et placement du Québec, Ivanhoe Logistics India Inc and CDPQ Fixed Income XI Inc as specified persons u/s 10(23FE) of the IT Act via Notification No's - S.O. 1732(E), S.O. 1734(E) and S.O. 1735 (E).

Posted in Income Tax | 1965 Views

ICAI invites comments on Disclosure Requirements in IFRS Standards - A Pilot Approach

04 May 2021 at 22:13

The Accounting Standards Board (ASB) of ICAI with the aim to provide an opportunity to the various stakeholders in India to raise their concerns at the initial International Standard-setting stage itself, invites comments from the public.

Posted in Professional Resource | 1362 Views

ICAI extends validity of Peer Review Certificate in the wake of COVID -19 spurt across the country

04 May 2021 at 17:34

In order to mitigate the hardship, the Peer Review Board of ICAI has decided to grant an extension to the Peer Review Certificates expiring during the period from 1st April 2021 to 30th June 2021 up to 31st July 2021.

Posted in Professional Resource | 1497 Views

ICSI postpones all June 2021 CS Exams

04 May 2021 at 16:23

ICSI, with a view to protect the interests of the candidates, has decided that the Examinations for Foundation Programme, Executive Programme and Professional Programme scheduled to be held from 1st June 2021 to 10th June 2021 stand postponed.

Posted in Exams | 9627 Views

ICAI releases applicable study material for CA (Old / New) Scheme for May 2021 Exams

04 May 2021 at 14:10

The Institute of Chartered Accountants of India has released the applicable study material for May 21 CA Intermediate and Final Exams for both Old Course and New Course students.

Posted in Students | 15480 Views

Format, Procedure and Guidelines for submission of SFT for Depository Transactions

04 May 2021 at 13:26

The Central Board of Direct Taxes has released the Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Depository Transactions under Section 285BA of the Income Tax Act, 1961 and Rule 114E.

Posted in Income Tax | 1947 Views