CAclubindia News

CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups

31 August 2019 at 11:53

In order to redress grievances and address various tax related issues in the cases of Start-ups, a Start-up Cell has been constituted by CBDT on 30.08.2019

Posted in Income Tax | 4167 Views

CBDT clarifies sec 194N on cash withdrawal to come into effect from 1st Sep 2019

31 August 2019 at 10:52

In order to discourage cash transactions and move towards less cash economy, the Finance (No. 2) Act, 2019 has inserted a new section 194N in the Income-tax Act,1961 (the ‘Act’), to provide for levy of tax deduction at source (TDS) @2% on

Posted in Income Tax | 9840 Views

Convocation ceremony for new CAs organised by ICAI in Delhi

31 August 2019 at 10:25

The Institute of Chartered Accountants of India (ICAI) is a statutory body set up in 1949 by an Act of Parliament to regulate the Profession of Chartered Accountancy in India. Created through a legislative fiat, ICAI continues its steadfast march to

Posted in Career | 1 comments | 9624 Views

CBDT clarifies on fake news says no ITR due date extension

30 August 2019 at 17:26

It has come to the notice of CBDT that an order is being circulated on social media pertaining to extension of due dt for filing of IT Returns. It is categorically stated that the said order is not genuine. Taxpayers are advised to file Returns withi

Posted in Income Tax | 2 comments | 16320 Views

CBDT clarifies on differential regime between domestic investors and FPIs

29 August 2019 at 10:43

CBDT clarifies differential regime between domestic investors (including AIF category III) and FPIs existed even prior to General Budget 2019 and was not creation of the Finance (No. 2) Act, 2019The Central Board of Direct Taxes (CBDT) said today tha

Posted in Income Tax | 4839 Views

ICAI awards for excellence in Financial reporting

28 August 2019 at 11:10

IntroductionThe Institute of Chartered Accountants of India (ICAI) is the second largest accounting body globally. The ICAI has made significant contributions in transforming the Indian Financial Reporting framework and practice to newer heights. The

Posted in Professional Resource | 7692 Views

GST Portal will not be available on Sep 1st for 5 hours

28 August 2019 at 11:10

GST portal (http://gst.gov.in) will be under Disaster Recovery Drill on September 01, 2019 from Midnight 00:01 (AM) to Morning 05:00 AM. Hence the GST System services will NOT be available during this time. Please plan accordingly.

Posted in GST | 9252 Views

CBDT clarifies issues in filing ITR Forms for AY 2019-20

28 August 2019 at 11:06

Circular No. 21 of 2019F.No. 370142/1/2019-TPL (Pt.-1)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated: 27th August, 2019Clarifications in respect of filling-up of the ITR forms for the As

Posted in Income Tax | 2 comments | 34215 Views

MCA introduces a new form - 'RD GNL-5' and amends form 'RD-1'

27 August 2019 at 11:43

As per the Companies (Incorporation) Fourth Amendment Rules, 2018 dated 18th December 2018 a new form i.e., 'RD GNL-5' and changes to 'RD-1' has been notified. ..

Posted in Corporate Law | 7365 Views