CAclubindia News

CBDT issues clarification w.r.t limitation for filing of appeals before CIT(Appeals) under IT Act,1961

25 May 2021 at 22:35

The Central Board of Direct Taxes clarifies that if different relaxations are available to the taxpayers for a particular compliance, the taxpayer is entitled to the relaxation which is more beneficial to him.

Posted in Income Tax | 1 comments | 1893 Views

Constitution of an Expert Committee on Investment Funds

25 May 2021 at 22:26

IFSCA, with a special focus on ease of doing business, has constituted an Expert Committee on Investment Funds to recommend to IFSCA on the road map for the funds industry in the IFSCs.

Posted in Others | 1539 Views

RBI Governor advises private banks to ensure continuity in the provision of various financial services

25 May 2021 at 20:16

The Governor, RBI held a meeting with the MD & CEOs of select Private Sector Banks on May 25, 2021, and advised them to ensure continuity in the provision of various financial services including credit facilities to individuals and businesses.

Posted in Others | 1005 Views

Cabinet approves MoUs entered into by ICoAl and ICSI with Foreign Countries/Organisations

25 May 2021 at 18:31

The signed MoUs would help in the advancement of the goals on equity, public accountability and innovation among the beneficiaries countries.

Posted in Others | 1407 Views

Placement for experienced CAs June 2021 by ICAI

25 May 2021 at 16:42

Career Ascent is a platform specifically designed and aims to provide placement opportunities to Experienced Chartered Accountants. ICAI has announced the Career Ascent for such CAs, who have experience of 1 year and above as on 30th June 2021.

Posted in Students | 6255 Views

ICAI extends the deadline for completion of Orientation Course/IT Training by students undergoing Practical Training

25 May 2021 at 14:40

ICAI has provided relaxation in the completion of Orientation Course/IT Training by the students undergoing practical training. The same can now be completed on or before 30th June 2021 instead of 31st May 2021.

Posted in Students | 5514 Views

CBDT issues Procedure for exercise of option u/s 245M(1) and furnishing & upload of Form No. 34BB under Rule 44DA(1)

25 May 2021 at 07:14

The Central Board of Direct Taxes has issued the procedure for the exercise of option under sub-section (1) of section 245M and intimation thereof by furnishing and upload of Form No. 3488 under sub-rule (1) of Rule 44DA of Income-tax Rules, 1962.

Posted in Income Tax | 1695 Views

MCA issues DSC Related Important Messages

25 May 2021 at 07:07

The Ministry of Corporate Affairs has issued various informational messages for stakeholders related to DSC, Login, Challan and Pre-Scrutiny/Form Upload.

Posted in Corporate Law | 10425 Views

MCA21 New V3 Website Overview

25 May 2021 at 06:55

MCA has launched the 1st phase of MCA21 Version 3.0 comprising of a revamped website, new email services for MCA Officers and two new modules, namely, e. Book and e. Consultation. A complete overview of the new website has been listed here.

Posted in Corporate Law | 8127 Views

CBDT issues Amendment in Computation of Fair Market Value of Capital Assets for the purposes of section 50B of the Income-tax Act

25 May 2021 at 06:46

CBDT has released the Income Tax (16th Amendment) Rules, 2021 wherein, an amendment has been made in the computation of Fair Market Value of Capital Assets for the purposes of section 50B of the Income Tax Act.

Posted in Income Tax | 7125 Views