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Quality Review Board releases Report on Audit Quality Review

   30 December 2020 at 10:08

The Quality Review Board of India has released a Report on Audit Quality Review wherein, they have reviewed all the aspects of how an audit was performed in entities selected on a risk-based approach.

Posted in Audit |   2592 Views


Income Tax Department conducts searches in Delhi

   30 December 2020 at 10:08

The Income Tax Department carried out search and seizure action on a number of hawala operators engaged in the activity of routing and handling unaccounted cash in the Delhi region.

Posted in Income Tax |   1635 Views


IBBI invites applications from eligible candidates for engagement as Research Associates on a contract basis

   29 December 2020 at 17:17

Engagement of Research Associates in Law/Economics/Public Policy in the Insolvency and Bankruptcy Board of India on Contract Basis.

Posted in Corporate Law |   3339 Views


Income Tax Dept does paid promotion of #ITRFileKaroJhatpat on Twitter

   29 December 2020 at 14:23

The department, in order to promote the Jhatpat Processing initiative, did a paid promotion on the Social Networking Site Twitter.

Posted in Income Tax  1 comments |   3891 Views


Ministry of Finance releases Prevention of Money Laundering (Maintenance of Records) Fourth Amendment Rules, 2020

   29 December 2020 at 11:02

The Ministry of Finance has released the Prevention of Money Laundering (Maintenance of Records) Fourth Amendment Rules, 2020. Read the official notification and all the amendments made in the Rules, here.

Posted in Corporate Law |   2760 Views


10,47,358 ITRs for AY 2020-21 filed on 28th December

   29 December 2020 at 11:02

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 28th December here.

Posted in Income Tax |   2646 Views


Central Government notfies the dealers in precious metals, precious stones as "persons carrying on designated businesses or professions"

   29 December 2020 at 11:02

The Central Government has notified that the dealers in precious metals and precious stones will be referred to as "persons carrying on designated businesses or professions".

Posted in Taxpayers Corner |   6036 Views


Central Government notifies Real Estate Agents as persons carrying on designated businesses or professions

   29 December 2020 at 11:02

The Central Government has notified that Real Estate Agents will be referred to as "persons carrying on designated businesses or professions".

Posted in Community & General |   2085 Views


ICAI announces regarding extension of time period, of the name reserved through SPICE+ under Rule 9, upon payment of certain fees

   29 December 2020 at 10:17

The Institute of Chartered Accountants of India has announced regarding extension of the time period, of the name reserved through SPICE+ under Rule 9, upon payment of certain fees

Posted in Corporate Law |   3336 Views


9th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

   29 December 2020 at 10:17

A total amount of Rs.54,000 crore released so far to all States and UTs with legislation. This is in addition to additional borrowing permission of Rs.1,06,830 lakh crore granted to the States

Posted in GST |   2874 Views



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