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 …
Updated Compilation of “CGST Rules 2017” shared by CBIC (as amended upto 1 April 2019)
CBIC has shared the Updated Compilation of “CGST Rules 2017”, as amended upto 29 March 2019/ 1 April 2019, which has been prepared for convenience and easy reference of …
PAN Aadhaar Linking Deadline Extended to 30 Sept. 2019; Quoting Aadhaar mandatory for ITR Filing from 1 April, 2019
CBDT has extended the deadline for linking of PAN with Aadhaar for filing of Income Tax Return (ITR) from 31 March 2019 to 30 Sept. 2019. Further, CBDT has …
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 …
CBIC notifies GST Rates for Housing Sector applicable from 1 April 2019
CBIC has issued various Tax Rate Notifications under CGST/ IGST/ UTGST to implement reduction in GST Rates for Real Estate/ Housing Sector applicable from 1 April 2019, in line …
CGST (2nd Amendment) Rules 2019: CBIC Notification 16/2019 Central Tax
CBIC has amended various Rules and Forms prescribed under the CGST Rules, 2017, vide Notification No. 16/2019 Central Tax dt. 29 March 2019 (i.e. CGST 2nd Amendment Rules 2019). …
Revised SEBI Procedure/ Formats for Limited Review/ Audit Reports of Listed Entities
SEBI has notified the 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 …
Small Savings: No Change in Interest Rates for Q1 of FY 2019-20 (NSC, PPF, KVP, SSAS, SCSS)
Govt. has notified that there will be no change in interest rates for Small Savings Schemes (NSC, PPF, KVP, SSAS, SCSS, etc.) in respect of Q1 of FY 2019-20 …
CBIC Clarification on ‘Transfer of Input Tax Credit (ITC) in the case of death of Sole Proprietor’
CBIC has issued a clarification in respect of 'Transfer of Unutilised Input Tax Credit (ITC) in the case of death of Sole Proprietor' to the Transferee/ Successor, along with …
ITC-04 Due Date extended upto 30 June 2019 (July 2017 to March 2019), notifies CBIC
CBIC further extends the due date for filing declaration in FORM GST ITC-04 (Details of goods/ capital goods sent to job worker and received back) during July 2017 to March …