Certain Amendments in CGST Act 2017 applicable from 30 June 2020
CBIC notifies 30th June 2020 as the date from which provisions of Section 118, 125, 129 and 130 of the Finance Act. 2020, relating to amendments in Sections 2(114), …
CBDT further extends various Income Tax compliance Deadlines
CBDT further extends various Income Tax compliance deadlines prescribed under for Taxation & Other Laws (Relaxation of Certain Provisions) Ordinance, 2020.
ICAI enables generation of Bulk UDINs for Certificates
ICAI has enabled a facility on UDIN portal for Members to generate 'Bulk UDINs (from 3~300)' for various type of Certificates in one go, by keying in necessary information …
ICAI Commerce Quiz 2020 on 29 June 2020 (Online)
ICAI has announced to conduct 'Commerce Quiz 2020' on 29th June 2020 (Online) for School Students of Class IX, X, XI and XII. Last date for Registration is 26th …
Cost Inflation Index (FY 2020-21) notified by CBDT
CBDT has notified the 'Cost Inflation Index (CII)' for FY 2020-21/ AY 2021-22 at 301 for determining 'long term capital gains (LTCG)' under Income Tax.
GST Council provides Relief for GSTR 3B delays
GST Council, in its 40th Meeting held on 12th June 2020 has recommended to reduce/ waive the interest/ late fee for delayed filing of GSTR 3B by small taxpayers …
ICAI’s Draft Guidance Note on Transfer Pricing Report u/s 92E of Income Tax
ICAI has released Exposure Draft of Guidance Note on Transfer Pricing Report u/s 92E of the Income-Tax Act, 1961, incorporating amendments made by the Finance Act, 2020.
ICAI Advisory on Certification of CSR Funds Utilisation
ICAI issues Advisory for Members/ Companies to obtain an Independent Practitioner’s Report on Utilisation of CSR Funds, from the auditor/ CA in practice of the third party/ NGO through …
CAG Empanelment for PSU Audits (2020-21) by CA Firms/ LLPs
Status of provisional CAG Empanelment for FY 2020-21 along with score points of applicant CA Firms/LLPs will be available from 28th May 2020 to 4th June 2020 on the …
Schedule VII (CA 2013) amended; PM CARES Fund inserted in CSR Policies Activities
MCA amends Schedule VII to the Companies Act 2013, relating to CSR Policies Activities. Accordingly, the words "Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES …