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ICAI Invites Comments on Exposure Drafts of Forensic Accounting and Investigation Standards (FAIS)

   28 December 2020 at 17:49

The Institute of Chartered Accountants of India is inviting comments on Exposure Drafts of Forensic Accounting and Investigation Standards. The Last Date for Submitting Comments is January 28, 2021.

Posted in Professional Resource |   2013 Views


Extension of Due Dates of Income Tax Returns, Tax Audit Reports, and GST Compliances requested by Sr. Adv. P.P. Chaudhary - Member of Lok Sabha

   28 December 2020 at 17:05

Senior Advocate P.P. Chaudhary, Member of Lok Sabha has requested the Union and Finance Minister Smt. Nirmala Sitharaman to extend the due dates for filing Income Tax Returns, Tax Audit Reports, and GST Compliances.

Posted in Income Tax  18 comments |   39762 Views


Extension of Income Tax Returns and Tax Audit Reports requested by ICAI

   28 December 2020 at 12:35

Extension of Income Tax Returns and Tax Audit Reports requested by ICAI

Posted in Income Tax  10 comments |   41808 Views


CBIC releases "Misconceptions Vs. Reality" under Rule 86B

   28 December 2020 at 10:51

The Central Board of Indirect Taxes and Customs, via their official Twitter handle, has released "Misconceptions Vs. Reality" under Rule 86B.

Posted in GST |   9171 Views


CBIC Bewares Taxpayers of Free Gifts and Huge Discounts

   28 December 2020 at 10:51

CBIC, via their official Twitter handle, has bewared the taxpayers of Free Gifts and Huge Discounts and clarified that the Indian Customs never calls or sends messages for paying duty in a personal bank account.

Posted in Custom |   2658 Views


ICAI introduces One-time Condonation Scheme to regularize UDINs

   28 December 2020 at 10:12

The Institute of Chartered Accountants of India has decided to allow one-time condonation to its members for their earlier missed or late generated UDINs. In this regard, certain decisions have been taken. Read the official announcements and decision

Posted in Audit  1 comments |   15831 Views


6,90,617 ITRs for AY 2020-21 filed on 27th December tweets ministry

   28 December 2020 at 10:12

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 27th December here.

Posted in Income Tax |   1890 Views


Provisional List of IPs prepared during the period January 1, 2021 - June 30, 2021

   28 December 2020 at 10:12

The Insolvency and Bankruptcy Board of India has prepared the Provisional List of IPs prepared during the period January 1, 2021 - June 30, 2021.

Posted in Corporate Law |   1983 Views


4,90,187 ITRs for AY 2020-21 have been filed on 26th December upto 5 PM

   26 December 2020 at 19:35

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 26th December here.

Posted in Income Tax |   3468 Views


Strong Objections against New Provisions in GST raised by Confederation of All India Traders

   26 December 2020 at 17:15

The Confederation of All India Traders has raised strong objections against the new GST provisions, especially the introduction of Section 86B which they feel are detrimental to trade.

Posted in GST |   9582 Views



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