Category: Updates
ICAI has issued a Technical Guide on ‘Financial Statements of Limited Liability Partnerships (LLPs)’ for the guidance of Members/other Stakeholders for compliance with applicable accounting standards and financial reporting …
CBIC has notified that the Competency Commission of India (CCI) will take the place of the National Anti-Profiteering Authority (NAA) for GST anti-profiteering complaints, i.e., CCI will be stepping …
On November 17, 2022, the Income Tax Department conducted an IT Search and Seizure operation, which resulted in the discovery of black money worth more than Rs 100 crore. …
The government has announced the withdrawal of steel export duties and reductions in coal import duties, effective November 19, 2022. The Central Government has removed the export duty on …
Search and Seizure operations conducted by Income Tax (IT) Department has unearthed Capital Gains of above Rs 1300 crores from JDAs, which were not reported by the concerned taxpayers. …
Shri Piyush Goyal encourages businesses in the media and entertainment industries to self-regulate the content of their products so that society does not have to turn to the government …
Next home based online Practical Training (PT) Assessment Tests/ Articleship Exam (MCQ type) is scheduled to be held in December 2022 (17/12/2022 to 18/12/2022). Registration shall remain open during …
In 12 instances where members were found guilty of professional or other misconduct, the Disciplinary Committee of the ICAI ordered action in the form of a monetary fine and/or …
The preliminary estimates of total money collected from direct taxes continue to indicate consistent growth. The total amount of money collected in the form of gross revenue up to …
To further raise the calibre of the audit profession, the National Financial Reporting Authority (NFRA) has released its audit quality inspection guidelines, for adherence by the Inspection teams. The …