CAclubindia News

ICMAI releases test instructions for CAT Foundation Course Mock Test to be held on 13th January 2021

13 January 2021 at 08:39

The Institute of Cost and Management Accountants of India has released the instructions for CAT Foundation Course Mock Test which is scheduled to be held on 13th January 2021.

Posted in Students | 1197 Views

Exporter arrested for creating bogus companies for issuance of fake invoices

13 January 2021 at 08:39

Shri Santosh Kumar Singh created 44 fake/bogus companies for issuance of fake invoices and passing on ITC to nine export companies which were involved in fraudulent exports, without the supply of any goods.

Posted in GST | 2193 Views

ICAI releases a New Publication - Compendium of Opinions - Volume XXXVII

13 January 2021 at 08:33

This Volume of Compendium of Opinions contains opinions finalised by the Expert Advisory Committee during the period February 12, 2017 – February 11, 2018.

Posted in Professional Resource | 2985 Views

CBDT launches e-portal for filing complaints regarding tax evasion/Benami Properties/Foreign Undisclosed Assets

13 January 2021 at 08:33

The public can now file a Tax Evasion Petition through a link on the e-filing website of the Department under the head “File complaint of tax evasion/undisclosed foreign asset/ benami property”.

Posted in Income Tax | 4 comments | 7971 Views

Income tax department shares due date extensions of other countries while clarifying that no further extension will be made

12 January 2021 at 13:23

The Income Tax Department, on 11th January 2021 clarified that no further extension shall be given for Income Tax Returns and Tax Audit Reports. In this regard, they compared the due date extensions of other countries.

Posted in Income Tax | 14 comments | 21804 Views

ICAI changes exam centre in Allahabad for Jan/Feb 21 Exams

12 January 2021 at 11:27

The Institute of Chartered Accountants of India has changed the exam centre in Allahabad for all students for the January/February 2021 Exams. Read the official announcement and the changed exam centre here.

Posted in Students | 4992 Views

RBI releases the Financial Stability Report, January 2021

12 January 2021 at 10:11

RBI has released the 22nd issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC).

Posted in Community & General | 3111 Views

GST Update - Auto-population of e-invoice details into GSTR-1

12 January 2021 at 08:32

Taxpayers should not wait for the inadvertent gap wherein some invoices are not being populated in GSTR-1 and are advised to proceed with the preparation and filing of GSTR-1, based on actual data as per their records.

Posted in GST | 5481 Views

No Further Extensions in the Due Date for Filing Income Tax Returns and Tax Audit Reports, says CBDT

11 January 2021 at 23:27

CBDT clarifies that there will be no further extensions in the due date for filing Income Tax Returns and Tax Audit Reports.

Posted in Income Tax | 19371 Views

ICAI releases Handbook on Audit of CSR Activities

11 January 2021 at 17:53

The Institute of Chartered Accountants of India has released a Handbook on Audit of CSR Activities. Click the link given to download the same.

Posted in Audit | 3528 Views