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CBDT issues refunds to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022

   24 March 2022 at 12:31

CBDT issues refunds of over Rs. 1,93,720 crore to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022.

Posted in Income Tax  1 comments |   1467 Views


ICAI extends last date to act as observers for May/June 2022 exams to 31st March 2022

   24 March 2022 at 08:37

It has been decided to extend the last date for online empanelment of members to act as observers at the examination centres for the chartered accountants’ examinations, May/June 2022, from 25th March 2022 to 31st March 2022.

Posted in Students |   6150 Views


IBBI | More than 4,000 cases admitted for corporate insolvency resolution process since FY 2016

   23 March 2022 at 08:57

359 cases resolved with realisable value of more than Rs 2 lakh crore for creditors

Posted in Corporate Law |   1368 Views


SFIO assigned 14 cases involving 95 companies in FY 2021-22

   23 March 2022 at 08:57

SFIO formed through a Government Resolution is an Investigating Agency under MCA, which was given statutory recognition under the Companies Act, 2013 (the Act)

Posted in Corporate Law |   1779 Views


IBBI admits 1060 cases into corporate insolvency resolution process in around 2 years

   23 March 2022 at 08:57

As per the information provided by Insolvency and Bankruptcy Board of India, in the years 2020-21 and 2021-22 (upto 31st December, 2021), 538 and 522 cases, respectively, have been admitted into the CIRP under the IBC 2016 

Posted in Corporate Law |   1677 Views


Assets worth Rs 19,111.20 crore of Vijay Mallya, Nirav Modi and Mehul Choksi seized

   23 March 2022 at 08:57

Cases pertaining to Vijay Mallya, Nirav Modi and Mehul Choksi who have defrauded Public Sector banks by siphoning off the funds through their companies which resulted in total loss of Rs. 22,585.83 crore to the public sector banks.

Posted in Income Tax |   8781 Views


More than 95% MSMEs benefitted under ECLGS

   23 March 2022 at 08:57

As informed by the National Credit Guarantee Trustee Company Limited, the agency which operates the ECLGS, as on 11.3.2022, a total of 117.87 lakh businesses have been supported

Posted in Corporate Law |   1875 Views


ICAI to introduce focused initiatives aimed at Inclusive Growth, Sustainable and Resilient Global Ecosystem and Digitisation

   23 March 2022 at 08:57

ICAI on Tuesday announced a series of initiatives aimed at further enhancing its mission of being a true partner in nation-building, empowering students and upholding "Independence, Integrity and Excellence" of the Chartered Accountancy profession.

Posted in Professional Resource |   3525 Views


IT Department conducts searches in a prominent Real Estate Group of North India

   22 March 2022 at 16:36

Income Tax Department conducts searches in a prominent Real Estate Group of North India

Posted in Income Tax |   3690 Views


ICAI opens correction window for CA May 2022 Exam Forms

   22 March 2022 at 09:10

Online Correction Window is now available for CA Foundation, CA Intermediate (New), CA Final (New) May 2022 Exams.

Posted in Students  1 comments |   7716 Views



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