CBIC procedure for SMS filing of Nil GSTR-3B from 8th June 2020
CBIC notifies 8th June 2020 as the appointed date from which provisions of newly inserted CGST Rule 67A on Manner of furnishing a nil return in FORM GSTR-3B by …
ICAI’s Draft Guidance Note on Transfer Pricing Report u/s 92E of Income Tax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.
New ITR Forms (FY 2019-20/ AY 2020-21) notified: ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7
CBDT notifies new Income Tax Return (ITR) forms for FY 2019-20/ AY 2020-21 (i.e. ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7 and ITR-V), vide Income-tax (12th …
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 …
ICAI Postpones Special Exam for Members of Foreign Accounting Bodies under MRA/ MOU (June 2020)
ICAI has postponed Special Examination for Members of Foreign Accounting Bodies with whom ICAI has entered into MRA/ MOU, in view of the ongoing spurt of the COVID-19 pandemic, …
ICAI Postpones May 2020 CA Exams (Final, Intermediate, Foundation)
ICAI Announces to Open online facility (Correction Window) for Seeking Change of Examination Center (July 2020 CA Exams).
Form 26AS amended, IT Rule 114I inserted on Annual Information Statement
CBDT notifies the Income-tax (11th Amendment) Rules, 2020, to amend Form 26AS and issuance procedure, w.e.f. 1st June 2020. IT Rule 31AB on Annual Statement of TDS/ TCS has …
Aadhaar based Free Instant PAN, launched by FM
FM Smt. Nirmala Sitharaman has formally launched the facility for allotment of Instant PAN free of cost (e-PAN) through a simplified paperless process based on use of Aadhaar based …
IT Rule 10V on Fund Managers’ Remuneration amended by CBDT
CBDT notifies Income-tax (10th Amendment) Rules, 2020 for amending IT Rule 10V on Fund Managers' Remuneration u/s 9A of the Income-tax Act, 1961. Also inserts/ amends Form No. 3CEJA/ …
ICAI to open ‘Center for Audit Quality’ in Jaipur
ICAI has decided to open Centre for Audit Quality at ICAI’s Centre of Excellence, Jaipur, which would provide conducive environment for research and development of systematic audit quality framework.