CAclubindia News


GSTN sends mass SMS to all GST registered businesses by mistake, creates panic among clients of CAs

   22 December 2020 at 11:46

The GST Network sent out a mass SMS to all GST registered businesses, by mistake, which further created panic amongst the clients of CAs. Numerous CAs expressed their dissent over the GST Network on Twitter, due to this.

Posted in GST  2 comments |   23826 Views


QRMP Scheme - Escalating Growth of Taxpayers by Limiting Tax Compliance Burden

   22 December 2020 at 10:27

Know how the Quarterly Return Monthly Payment Scheme will escalate the growth of taxpayers by limiting the tax compliance burden, here.

Posted in Income Tax |   4806 Views


ICSI releases Guidance Notes on ICSI Auditing Standards

   22 December 2020 at 10:27

The Institute of Company Secretaries of India has released Guidance Notes on the ICSI Auditing Standards (CSAS-1 to CSAS-4) - Audit Engagement. Read the provisions of the official guidance note here.

Posted in Audit |   2454 Views


ICSI confers Honorary CS Degree at the 48th National Convention of Company Secretaries

   22 December 2020 at 10:27

The Institute of Company Secretaries of India has conferred the Honorary CS Degree to the Hon’ble Minister of State for Finance and Corporate Affairs, Shri Anurag Singh Thakur at the 48th National Convention of Company Secretaries. Read the official

Posted in Career |   4569 Views


Income Tax Department cautions taxpayers on a fake link that promises to give a refund

   21 December 2020 at 18:05

The Income Tax Department, via their official Twitter handle, cautioned the taxpayers of a fake link that has been circulating and is promising to give a refund.

Posted in Income Tax |   2502 Views


Income Tax Department introduces "Jhatpat Processing" for ITR 1 and 4

   21 December 2020 at 18:05

The Income Tax Department has introduced "Jhatpat Processing" for easy filing and processing of ITRs. The process has started for ITR 1 and 4. Click the link below to file your return now!

Posted in Income Tax |   4293 Views


Income Tax Department releases E-Brochure on Vivad se Vishwas Scheme

   21 December 2020 at 18:05

The Income Tax Department has released an E-Brochure on the Vivad se Vishwas Scheme, asking taxpayers to settle their income tax disputes by filing a declaration by 31.12.20.

Posted in Income Tax |   3858 Views


8th Instalment of Rs. 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

   21 December 2020 at 18:05

A total amount of Rs. 48,000 crore released so far to all States and UTs with legislation. This is in addition to additional borrowing permission of Rs. 1,06,830 crore granted to the States

Posted in GST |   1578 Views


FM holds the 12th Pre-Budget Consultation Meet with Leading Experts

   21 December 2020 at 18:05

Union Finance Minister Smt. Nirmala Sitharaman holding her 12th Pre-Budget consultations with leading experts in infrastructure, energy, and climate change in connection with the forthcoming Union Budget 2021-22, in New Delhi today.

Posted in Union Budget |   1245 Views


ICAI releases advisory to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency

   21 December 2020 at 14:29

The Institute of Chartered Accountants of India has released an advisory to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency.

Posted in Professional Resource |   2199 Views