CAclubindia News

ICAI releases Exposure Draft of Amendments to Ind AS 117 - Insurance Contracts

26 December 2020 at 10:22

ICAI has released the Exposure Draft of Amendments to Ind AS 117 - Insurance Contracts for public comments. Comments on the above-mentioned Exposure Draft may be submitted before January 24, 2021.

Posted in Professional Resource | 2355 Views

7,63,832 ITRs for AY 2020-21 have been filed on 25th December up to 9 PM

26 December 2020 at 10:22

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. The due date for filing Income Tax Return for AY 19-20 is 31st December 2020.

Posted in Income Tax | 2370 Views

ICAI releases 4 new handbooks on GST - Downloadable Latest Editions

24 December 2020 at 10:20

The Institute of Chartered Accountants of India has released Four New Handbooks on GST which talks about Practical FAQs, Finalisation of Accounts, Liability to Pay in Certain Cases, and Returns and Payments under GST.

Posted in GST | 2 comments | 17724 Views

CBIC releases "Myths v. Facts" on CGST Notification issued on 22.12.2020 to curb GST Fake invoice frauds

24 December 2020 at 10:10

CBIC releases "Myths v. Facts" on CGST Notification issued on 22.12.2020 to curb GST Fake invoice frauds

Posted in GST | 3645 Views

ICAI - Digi-Locker for ICAI Members and Students

24 December 2020 at 09:57

The Institute of Chartered Accountants of India has successfully launched the Digi-Locker facility for its members and students during the recently concluded Virtual International Conference.

Posted in Students | 11949 Views

CBDT issues refunds of over Rs. 1,50,863 crore to more than 1.18 crore taxpayers between 1st April 2020 to 20th December 2020

23 December 2020 at 19:33

Income tax refunds of Rs. 47,608 crore have been issued in 1,16,07,299 cases & corporate tax refunds of Rs. 1,03,255 crore have been issued in 2,01,796 cases.

Posted in Income Tax | 1404 Views

ICAI releases result of the online Examination of the Certificate Course on Forex and Treasury Management held on 7th & 8th Nov 2020

23 December 2020 at 19:33

The Institute of Chartered Accountants of India has released the result of the online Examination of the Certificate Course on Forex and Treasury Management held on 7th & 8th November 2020.

Posted in Students | 1380 Views

FM Smt. Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2021-22

23 December 2020 at 19:33

FM Smt. Nirmala Sitharaman chaired the pre-budget consultation meetings for budget 2021-22 held in virtual mode from 14th to 23rd December, 2020. More than 170 invitees representing 9 stakeholder groups participated in 15 virtual meetings.

Posted in Union Budget & Policy | 2304 Views

RBI Cautions against unauthorized Digital Lending Platforms/Mobile Apps

23 December 2020 at 16:01

Reserve Bank has also mandated that digital lending platforms which are used on behalf of Banks and NBFCs should disclose name of the Bank(s) or NBFC(s) upfront to the customers.

Posted in Community & General | 2331 Views

MCA notifies 21st December 2020 on which provisions of Companies (Amendment) Act 2020 will come into force

23 December 2020 at 13:02

The Ministry of Corporate Affairs has notified 21st December 2020 the date, on which provisions of Companies (Amendment) Act 2020 will come into force.

Posted in Corporate Law | 4461 Views