CBDT Extends Timeline for ITR Filing by Successor Companies u/s 170A
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 the cases where the …
Tag: Orders
NFRA debars CA Rajiv Bengali for 5 Years; imposes Penalty of Rs. 5 Lacs (Audit of Trilogic Digital Media Limited FY 2016-17)
National Financial Reporting Authority (NFRA) has issued Order dt. 19/09/2022 to debar CA Rajiv Bengali for 5 Years and to imposes a monetary Penalty of Rs. 5 Lacs in …
NFRA debars CA Som Prakash Aggarwal for 3 years; imposes penalty of Rs. 3 lac (Audit of VIKAS WSP LIMITED FY 2019-20)
NFRA has concluded the investigation of the SEBI complaint dated 25/08/2021, wherein CA Som Prakash Aggarwal (ICAI Membership No. 74813 and Partner of CA Firm M/s S. Prakash Aggarwal …
NFRA Penalises CA Gulshan Jagdish Jham (PSIL Audit 2019-20)
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 Order on Admitting Settlement Applications upto 30/09/2021
CBDT has issued Order instructing Income Tax Officials to admit ‘settlement applications’ upto 30/09/2021 (filed after 31/01/2021) on behalf of the ‘Interim Board’ and treat such applications as valid …
CBDT to Regularise ITRs submitted using EVC instead of DSC
CBDT has issued Order to Regularise the Income Tax Returns (ITRs) submitted/ verified using EVC instead of DSC as required under IT Rule 12, due to technical issues at …
CBDT Procedure on ‘Cases transferred out of Faceless Assessment/ Penalty Proceedings’
CBDT prescribes procedure for handling of assessment/ penalties by Jurisdictional Assessing Officers in cases transferred out of Faceless Assessment/ Faceless Penalty proceedings under the Income-tax Act, 1961. Also CBDT …
CARO 2020 Applicability Timeline Extended to FY 2021-22: MCA
MCA has further deferred the applicability of the Companies Auditor’s Report Order (CARO) 2020 from FY 2019-20/ 2020-21 to 2021-22, i.e. CARO 2020 shall be applicable in respect of …
Laxmi Vilas Bank placed under Moratorium; to merge with DBS Bank
RBI has announced a Moratorium of 30 days in the case of Laxmi Vilas Bank and has issued Operational Guidelines including withdrawal limit of Rs. 25000. Also RBI has …
GST TRAN-1 Last Date further Extended upto 31 March 2020 in certain cases (Transitional Credit)
CBIC has notified that last date for submission of declaration in Form GST TRAN-1 has been further extended upto 31 March 2020, under CGST Rule 117(1A), in certain cases …