ICAI signs MoU with IIM Ahmedabad
The ICAI has entered into an MoU with the IIM Ahmedabad for mutual co-operation between both Institutes for offering and co-hosting open-enrollment and customized training programs exclusively for Chartered …
ICAI’s Next Online Practical Training (PT) Assessment Tests on 30 Dec. 2018: FAQs, Registration
ICAI has scheduled next 'Practical Training (PT) Assessment Tests' on 30 Dec. 2018 to assess the ca students, who have completed their first and second year of practical training/ …
CBIC Clarification on Effective GST Rate for Construction (complex, building, flat, etc.)
CBIC has issued a Press Release to clarify certain issues relating to Applicable Output GST Rates, Input Tax Credit (ITC) and Effective Tax Rate on Construction of Property, like …
CBIC Extends Due Date for GSTR-9, GSTR-9A and GSTR-9C upto 31 March 2019
CBIC has extended the deadline/ due date upto 31 March 2019 for filing of GST Annual Return in Form GSTR-9 (normal dealers)/ GSTR-9A (composition dealers) and GST Audit Report …
No TDS u/s 194A for Income upto 50,000 in the case of Senior Citizens: CBDT Clarification
CBDT has clarified/ reiterated that in the case of senior citizens, no tax (TDS) is required to be 'deducted at source' under Section 194A, where the amount of such income …
Overview of ‘ICAI Elections 2018’ on 7-8 Dec. 2018 (Announcements/ Notifications)
Overview of various announcements/ notifications, made/ issued from time to time, in relation to conduct of 'ICAI Elections 2018' for 24th Central Council and 23rd Regional Councils, scheduled to …
Revised All Industry Duty Drawback (DBK) Rates Schedule (2018-19) notified by CBIC
CBIC has notified the Revised All Industry Duty Drawback Rates Schedule for 2018-19 applicable w.e.f. 19 Dec. 2018, vide Notification No. 95/2018 Customs (NT) dt. 6 Dec. 2018, in …
ICAI’s 49 FAQs on GST Audit Report (GSTR-9C: Reconciliation Statement and Certification)
ICAI has compiled/ shared a set of 49 FAQs on important issues relating to filing of GST Audit Report in Form GSTR-9C (i.e. Reconciliation Statement and Certification as required …
SEBI extends Deadline for Restriction on Transfer of Listed Securities in Physical Form, upto 1 April 2019
Based on representations from stakeholders, the SEBI has extended the deadline upto 1 April 2019, for compliance with the new requirements for transfer of listed securities in dematerialised form …
ICAI’s Revised Guidelines for Implementation of SA 230 on ‘Audit Documentation’ (Dec. 2018)
ICAI has issued Revised Guidelines for Implementation of Standard on Auditing (SA) 230 on 'Audit Documentation' (Dec. 2018 Edition), which inter alia includes 37 FAQs, for help and guidance …