CAclubindia News

Revision of GST Tran-1 only once

Revision of Form GST TRAN-1 for Taxpayers who had already filed it prior to 9th November 2017 is available on the GST Portal.If revision of Form GST TRAN-1 is resulting in downward credit, the Taxpayer should be able to revise and file only if he/she

Form GSTR-4 online upload functionality now available on the GST Portal

Insolvency and Bankruptcy Board strengthens its Due Diligence Framework

Insolvency and Bankruptcy Board of India (IBBI) strengthens its Due Diligence Framework under the Insolvency and Bankruptcy Code, 2016 Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a string

MCA revises AoC-4 Non-XBRL & AoC-4 XBRL (Non-Ind AS) forms

AoC-4 Non-XBRL and AoC-4 XBRL(Non-Ind AS) forms are being revised and likely to be notified on 7th November 2017 including therein demonetization related changes. Stakeholders may plan accordingly and file using only the revised forms w.e.f. 8th Nove

Direct tax collection shows growth of 15.2%, 89507 crore refund issued so far

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 7th November, 2017. Direct Tax Collections for F.Y. 2017-2018 show Growth of 15.2% up to October, 2017The provisional figures of Direct Tax collections

Investigation in cases of Paradise Papers

Investigations in cases of ‘Paradise Papers’ to be monitored through reconstituted Multi Agency GroupRevelations made today in the media under the name ‘Paradise Papers’ [based upon expose done by the International Consortium

Hasmukh Adhia designated as Finance Secretary

Cases pertaining to Panama Papers

Pursuant to revelations made by the International Consortium of Investigative Journalists (ICIJ), a Washington based organization in April 2016 about certain Indians having linkages with entities in offshore no tax/low tax jurisdictions, the Governme

NFRA to be setup to take action against erring CAs

Around 2.24 lakh companies have been struck-off till date for remaining inactive for a period of two (2) years or more;. Around 3.09 lakh Directors disqualified who were on the Board of Companies that have failed to file Financial Statements and/or A

Feedback on Nov 2017 CA exams

Observations of the candidates on the question papers of CA examinationsNovember, 2017It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Exami