CAclubindia News

Income Tax Department unearths a tax evasion of more than Rs. 20 crores by actor Sonu Sood

19 September 2021 at 07:45

The Income Tax Department conducted a search and seizure operation at various premises of a prominent actor in Mumbai and also a Lucknow based group of industries engaged in infrastructure development

Posted in Income Tax | 5 comments | 11961 Views

ICAI Aligns the Time Limit of Generating UDIN from 15 days to 60 days

18 September 2021 at 07:16

The Council of ICAI in its 405th meeting held on 17th September 2021 has decided that the time limit of generating UDIN would be 60 days from the date of the signing of certificates/reports/document instead of 15 days henceforth.

Posted in Audit | 6915 Views

Grant of Rs. 2427 crore released to States for Urban Local Bodies

18 September 2021 at 07:12

The States are required to transfer the grants to the ULBs within 10 working days of receipt from the Union Government. Any delay beyond 10 working days requires the State Governments to release the grants with interest.

Posted in Others | 1311 Views

Government extends certain timelines under Income Tax to ease compliances

18 September 2021 at 07:09

Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been extended from 30th September 2021 to 31st March 2022.

Posted in Income Tax | 9618 Views

Central Government relaxes provisions of TDS u/s 194A of the Income-tax Act, 1961 in view of section of 10(26) of the Act

18 September 2021 at 07:08

No deduction of tax shall be made on payment u/s 194A, namely payment in the nature of interest, other than interest on securities, made by a Scheduled Bank located in a specified area to a member of Scheduled Tribe residing in any specified area.

Posted in Income Tax | 12528 Views

ICAI reminds members to pay Membership/COP fee latest by 30th September 2021

18 September 2021 at 07:05

Payment of annual Membership/COP fee entitles you for continuing benefits of ICAI privileges and standing seniority in the profession. Non-payment of the same within stipulated time may result in removal of Membership/COP and cessation of Practice.

Posted in Professional Resource | 1875 Views

Functionality on demand fetching of Bill of Entry details from ICEGATE Portal by GSTN

18 September 2021 at 07:05

It usually takes 2 days (after reference date) for BE details to get updated on GST Portal from ICEGATE. This functionality should, therefore, be used if data is not available after this period.

Posted in GST | 4917 Views

July 2021 CA Inter Exams Results to be declared on 19th September 2021

17 September 2021 at 12:37

The results of the Chartered Accountants Intermediate Examination (Old Course & New Course) held in July 2021 are likely to be declared on Sunday, the 19th September 2021(evening)/Monday, the 20th September 2021.

Posted in Students | 5757 Views

Key Highlights of the 45th GST Council Meeting

17 September 2021 at 10:57

The recommendations of the GST Council have been presented in this release containing major item of decisions in simple language for information of all stakeholders. The same would be given effect through relevant Circulars/ Notifications/ Law amendments.

Posted in GST | 21657 Views

Career Opportunity for Young CS's by ICSI

17 September 2021 at 05:53

The Consolidated payout will be in the range of Rs. 33000 to Rs. 40000 per month. Preference shall be given to the candidates having a post qualification experience of one to two years and more than two years.

Posted in Career | 4053 Views