ITR/ TAR Due Date Extended upto 31 Oct. 2019 (AY 2019-20): CBDT
CBDT notifies that due date for filing of Income Tax Return (ITR) along with Tax Audit Report (TAR) has been extended from 30 September to 31 October 2019 for …
Category: Auditing
ICAI’s Implementation Guide for Revised SA 720 on The Auditor’s Responsibilities Relating to Other Information
ICAI has released first edition (August 2019) of the Implementation Guide for Revised SA 720 on The Auditor’s Responsibilities Relating to Other Information, comprising of FAQs on key issues …
ICAI’s Implementation Guide for Revised SA 570 on Going Concern
ICAI has released third edition (August 2019) of it's Implementation Guide for Revised SA 570, comprising of responses in question answer format on key issues of revised SA 570, …
Revised SEBI Procedure/ Formats for Limited Review/ Audit Reports of Listed Entities
SEBI notifies revised procedure/ formats for Limited Review/ Audit Reports of Listed Entities (including those entities whose accounts are to be consolidated with the listed entity), applicable applicable with respect to …
Ind AS 116 – Leases: A New Era of Accounting for Lease contracts by Lessees
ICAI has drawn attention of all concerned to 'Ind AS 116 - Leases' recently notified by MCA vide Notification dt. 30 March 2019 on Companies (Ind AS) First Amendment …
MCA Notifies Companies (Ind AS) Amendment Rules, 2019
MCA has notified the Companies Indian Accounting Standards (Ind AS) First and Second Amendment Rules, 2019, applicable w.e.f. 1 April, 2019, to amend the 'Annexure B on Indian Accounting …
Registering GST & Tax Audit Reports at UDIN Portal mandatory from 1 April 2019: ICAI
As part of Phase II of UDIN initiative, the ICAI has made it mandatory for all Member Chartered Accountants (CAs) in practice to register all GST & Tax audit …
ICAI Withdraws Clarification on Applicability of ‘Rotation Principles’ for a Company u/s 139 of CA 2013
ICAI has withdrawn its Clarification dt. 29 Jan. 2019 on 'whether Rotation Principles are Applicable for a company which ceases to fall under purview of Section 139 of the …
Registering Certificates at UDIN Portal, mandatory from 1 Feb. 2019: ICAI
ICAI has made it mandatory for all Member Chartered Accountants (CAs) in practice to register all certificates at UDIN portal, which are being issued on or after 1 Feb. …
ICAI’s Guidance Note on Reports in Company Prospectuses (Revised 2019)
ICAI has issued 'Guidance Note on Reports in Company Prospectuses (Revised Edition 2019)' on reporting requirements relating to financial information to be included in the 'prospectus/ offer documents' such …