Category: Updates
New IT Rule 132 on “Application for Re-computation of Income under Sub-section (18) of Section 155” has been inserted by CBDT, along with new IT Forms 69 and 70, …
The Central Government has issued a notification regarding the revised rates of Variable Dearness Allowance (VDA) as well as the Minimum Wages that will come into effect on October …
CBIC notifies the commencement date of certain sections of the CGST Act 2017 amended by the Finance Act 2022 as 01/10/2022. Accordingly, the provisions of Sections 100 to 114, …
MCA has extended the deadline for filing Form DIR-3 KYC (including DIR-3 KYC Web) in respect of Financial Year (FY) 2021-22 from 30/09/2022 to 15/10/2022 without payment of fee, …
CBDT extends timeline for filing of modified Income Tax Return (ITR) in Form ITR-A by a successor company u/s 170A from 30/09/2022 to 31/03/2023 in certain cases, where the order …
ICAI has issued ‘Technical Guide on Audit of Charitable Institutions u/s 12A of the Income-tax Act, 1961‘ (2022 Edition), for guidance and assistance of Members/ Other Stakeholders, in view …
ICAI has made it mandatory for certain audit firms that conduct audits of listed entities, banks (other than single state co-operative banks), and insurance companies to evaluate their audit …
The CBDT notifies the Income-tax (31st Amendment) Rules, 2022, to insert a new IT Rule 12AD/ Form ITR-A regarding the filing of a Return of Income by a Successor …
NFRA has debarred CA Rajiv Bengali for 5 years from being appointed as statutory/ internal auditor of any company/ body corporate besides imposing a monetary penalty of Rs. 5 …
CBDT has issued revised Guidelines on Compounding of Offences under the Income Tax Act, 1961, in supersession of the earlier Guidelines on the subject issued in 2019, to simplify …
