CAclubindia News

Rates of TDS applicable for FY 2021-22 (AY 2022-23) by ICMAI

25 February 2021 at 22:59

Rates Of TDS Applicable as per the Income Tax Act for Financial Year 2021-22 (Assessment Year 2022-23) has been listed here.

Posted in Income Tax | 1 comments | 4602 Views

Recent advisory on social-media posts 'not to curtail freedom of expression', says ICAI

25 February 2021 at 22:14

ICAI has said that its recent advisory on social media posts cannot, by any stretch of imagination, be termed as curtailing/infringing the freedom of expression of its members or citizens.

Posted in Professional Resource | 1914 Views

MCA advises investors to verify status of Nidhi companies before investment

25 February 2021 at 20:33

Investors are advised to verify the antecedents / status of a Nidhi Company especially their declaration of their status as Nidhi Company by the Central Government before becoming its member and investing their hard earned money in such companies.

Posted in Corporate Law | 1797 Views

MCA & CBIC sign MoU for exchange of data to curb tax evasion

25 February 2021 at 20:33

The MoU is in line with the vision of MCA and CBIC to harness data capabilities to ensure effective enforcement. The MoU will facilitate the sharing of data and information between MCA and CBIC on an automatic and regular basis.

Posted in Corporate Law | 1560 Views

Release of Educational Material on Ind AS 105 by ICAI

25 February 2021 at 20:33

ICAI has released the Educational Material on Ind AS 105, Non-current Assets Held for Sale and Discontinued Operations. The relevant link to download the Educational Material is listed here.

Posted in Students | 1854 Views

Representation Seeking Extension Of Due Date For Furnishing GSTR 9C For 2019-20

25 February 2021 at 17:54

KSCAA has written a representation letter to the Finance Minister seeking an extension in the due date for furnishing GSTR 9 and 9C for FY 19-20 to 31st May 2021.

Posted in GST | 22629 Views

Memorandum seeking changes in Union Budget 2021-22 Proposals

25 February 2021 at 17:54

KSCAA has written a memorandum seeking changes in the Union Budget 2021-22 Proposals, wherein they have highlighted some of the issues that are being/will be faced by taxpayers, together with suggesting solutions for the same.

Posted in Union Budget | 1980 Views

Applicability of Dynamic QR Code on B2C invoices & compliance

25 February 2021 at 16:04

CBIC has issued a clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020 - Central Tax dated 21st March 2020.

Posted in GST | 1 comments | 8037 Views

Reducing pendency of complaints is priority: ICAI President Jambusaria

25 February 2021 at 13:41

Reducing pendency of complaints is a priority - Government has to balance between ease of doing business and ensuring compliances, says ICAI President Jambusaria.

Posted in Professional Resource | 927 Views

Further extension in the last date for Waiving-off Condonation fees due to late filing of various application forms

25 February 2021 at 12:54

Considering the difficulties being faced by Students/Articled Assistants, it has been decided to extend waiving-off condonation fees till 28th February, 2021.

Posted in Students | 1 comments | 9975 Views