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CBDT directions for Faceless Penalty Scheme, 2021

CBDT issues directions for implementation  of Faceless Penalty Scheme, 2021, vide Notification 03/2021 dt. 12/01/2021.
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Faceless Penalty Scheme, 2021 notified by CBDT

CBDT notifies the Faceless Penalty Scheme, 2021, applicable w.e.f. 12 Jan. 2021, vide Notification 02/2021 dt. 12/01/2021, for certain cases/ class of penalties.
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IT seacrh on Kolkata Group providing Bogus Share Capital/ Unsecured Loans

IT search on Kolkata based Real Estate/ Stock Broking Group revealed various shell entities for bogus share capital/ unsecured loans and 'out of the books' cash transactions. Unaccounted cash …
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ICAI Results: Certificate Course on Ind AS held on 27/12/2020

ICAI has announced the Result of Online Examination for Certificate Course on Ind AS held on 27th December 2020.
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MSME Mentorship Programme & 100 Facilitation Centers for MSME/ GST, launched by ICAI

ICAI has launched the MSME Mentorship Programme & 100 Facilitation Center (Sahayata Kendra) for MSME/ GST, during the National Conclave on Empowering MSMEs towards Aatmaniarbhar Bharat.
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ICAI Clarification on Auditor Sharing Client Information with Credit Rating Agencies

ICAI has clarified about the Statutory Auditor's feedback or sharing of information on the client company with the Credit Rating Agencies (CRAs).
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ICAI Announcement 04/01/2021: CPE Hours Compliance Deadline Extended

ICAI has extended the deadline of Mandatory CPE Hours Compliance for the calendar year 2020, from 31/12/2020 to 31/01/2021, vide Announcement dt. 04/01/2021.
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Gutkha Manufacturer arrested for GST evasion of 831.72 cr

Gutkha Manufacturer arrested for GST evasion, of Rs. 831.72 crore, who was involved in manufacture of gutkha without any registration and supply thereof without issuing invoice.
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CBIC Central Tax Notification 01/2021: CGST (1st Amendment) Rules 2021

CBIC notifies the CGST (1st Amendment) Rules 2021 to insert new CGST Rule 59(6), vide Central Tax Notification 01/2021
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ICAI Announcement 01/01/2021: CBDT to allow validations of certain UDINs upto 15/02/2021

CBDT shall allow validations of UDINs upto 15/02/2021, in respect of certain IT Forms uploaded on e-filing Portal during 27th April to 26th Nov., 2020, as per ICAI Announcement …
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Recent Posts

  • MCA notifies the Companies CSR Policy Amendment Rules 2021
  • MCA notifies Appointed date for Section 21 of Companies Amendment Act 2019
  • MCA notifies Appointed date for Certain Sections of Companies Amendment Act 2020
  • IT Search of Jaipur Groups reveals 1400 crores Unaccounted Transactions
  • IT Search of Thane Builder reveals 520.56 crores Unaccounted Transactions
  • Govt. nominates 28 Members on ‘National Startup Advisory Council’
  • Arvind Kumar Delhi arrested for ITC Fraud of Rs 82.23 crore
  • ICAI Announces Awards for Excellence in Financial Reporting 2019-20
  • ICAI Announces International Research Awards 2020
  • Change in Kolkata Center for ICAI Exam Jan./ Feb. 2021
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