CBDT clarifies TDS on Mutual Fund dividend (not gains): Budget 2020 proposals
CBDT has clarified that Budget 2020 has proposed 10% TDS on Mutual Fund dividends, above Rs. 5000/ year, in lieu of removal of DDT, under new IT Section 194K. …
Tag: Press Releases
New Deadlines for GSTR 3B Filing: 20th, 22nd and 24th Each Month
CBIC notifies the revised/ staggered deadlines for filing of GSTR 3B (i.e. 20th/ 22nd/ 24th of each month) from January 2020 onwards. Taxpayers having turnover upto Rs. 5 crore, …
CBDT clarification on new deeming provision (Resident in India), proposed in Finance Bill 2020
CBDT clarifies new deeming provision pertaining to residence/ tax liability in India, as proposed in Finance Bill/ Budget 2020 (i.e. an Indian citizen shall be deemed to be resident …
51st ICAI Campus Placements Program (February-March 2020)
Registration for campus placement program of ICAI is open since 10 Jan. 2020 for candidates who qualified upto May 2019 exam but could not appear for regular campus program due …
Results of GSTP Exam on 12 Dec. 2019 for ‘Confirmation of Enrollment on GST Network’ by NACIN
NACIN has announced the GSTP exam results, in respect of last examination held on 12 December 2019 for confirmation of enrollment on GST Network, under CGST Rule 83(3).
ICAI signs MoU with Kuwait Accountants and Auditors Association (KAAA)
ICAI has signed a Memorandum of Understanding (MoU) with the Kuwait Accountants and Auditors Association (KAAA) whereby ICAI would offer technical programs in collaboration with KAAA to strengthen the …
Aadhaar KYC Norms eased for bank account opening only, clarifies MoF
Finance Ministry (MoF) has clarified that norms for Aadhaar KYC have been eased/ changed for limited purpose of opening/ transfer of bank account, based on a self declaration of …
ICAI holds Annual Convocation Ceremony 2019 for Newly Qualified Members
ICAI holds Annual Convocation Ceremony 2019 of Northern Region at New Delhi to award certificates of membership to newly qualified members and to facilitate rank holders of the CA …
DRR requirement removed for Listed Companies, NBFCs and HFCs: MCA
MCA has amended the Companies (Share Capital & Debentures) Rules by removing Debenture Redemption Reserve requirement for Listed Companies, NCFCs and HFCs.
Income Tax Notice to carry DIN from 1 October 2019: CBDT
CBDT prescribes revised procedure for issuance of Income Tax Notice, etc. to Taxpayers, from 1 October 2019, whereby each communication shall quote a computer generated Document Identification Number (DIN) …