Category: Updates
CBIC has extended the validity period for levy and collection of the GST Compensation Cess from 30/06/2022 to 31/03/2026, vide Compensation Cess Notification 1/2022 on Goods and Services Tax …
CBDT has notified the formats of Form 1, 2 & 2A meant for e-filing of return of taxable transactions under the Securities Transaction Tax (STT) by Recognized Stock Exchanges/ …
CBDT has issued Guidelines/ FAQs for removal of difficulties on TDS u/s 194S(6) of the Income-tax Act, 1961, i.e. deduction of tax on payments of consideration for transfer of …
NFRA has released its Audit Quality Review Report (AQRR) dt. 22/06/2022, pointing out gross violations in Statutory Audit of IL&FS in respect of Financial Year 2017-18 conducted by CA …
NFRA has issued Order dt. 21/06/2022 imposing a Penalty of Rs. 1 Lac on CA Gulshan Jagdish Jham (ICAI Membership No. 408315) and debarring him from taking audit assignments …
CBDT notifies the ‘Income-tax (18th Amendment) Rules, 2022’ to amend IT Rule 10TD(3B), i.e. to extend applicability of the provisions of sub-rule (1) and (2A) relating to Transfer Pricing …
CBDT has issued Guidelines/ FAQs for clarification and removal of difficulties in TDS on Provision of Benefits/ Perquisites u/s 194R(2) of the Income-tax Act, 1961, vide Circular 12/2022. It …
ICAI’s next home based online Practical Training (PT) Assessment Tests/ Articleship Exam (MCQ type) is scheduled to be held in July 2022 (16/07/2022 to 18/07/2022). Registration shall remain open …
ICAI has issued a Technical Guide on ‘Financial Statements of Non-Corporate Entities (NCEs)’ to ensure consistent and effective application of the accounting standards for strengthening and standardising the financial …
ICAI has issued draft CA 2nd Amendment Regulations 2022, whereby it is proposed to revise/ modify the CA Regulation 48(1) to double the stipend rates during Articleship for CA …
