-
34 Suggestion on Budget 2022 Proposal for GST
BJP Professional Cell, Mumbai has made a representation to Honorable Union Finance Minister and suggested 34 changes related to GST in Union Budget 2022 so that difficulties faced by Common GST Taxpay...
-
93 JCITs assigned jurisdiction for exercise of power under Income Tax & Benami Property Act
F.No.187/01/2021-ITA-1 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ITA-I Division North Block, New Delhi, Dated the 20th January, 2022 Office Order purs...
-
Section 10(46) exemption to National Skill Development Corporation
Vide Notification No. 10/2022 – Income Tax | Dated: 21st January, 2022 CBDT notifies Tax Exemption to National Skill Development Corporation, a body constituted by Central Government, in respect of th...
-
Treat Mobile Retail & Service as Essential Category
“Vyapar Rhawan” 925/1, Naiwala, Karol Haigh, New Delhi-110005. Phone: +91-11-45002664, Telefax: 91-11-45032665 20th January, 2022 Ref. No.: 3344/1/50 Shri Piyush Goyal, Minister of Commerce & Industry...
-
102 Union Budget 2021-22 Provisions implemented by Government
1. Incentives for Start-ups Eligibility for claiming tax holiday extended for start-ups incorporated till 31.03.22. Threshold limit for eligible start-ups was earlier raised to Rs 100cr. from Rs 25cr....
-
ICSI elects its New President and Vice President for the year 2022
THE INSTITUTE OFCompany Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCEStatutory body under an Act of Parliament(Under the jurisdiction of Ministry of Corporate Affairs)PRESS RELEASEChief of...
-
MTPA Call for GST protest week and common representation
MAHARASHTRA TAX PRACTITIONERS’ ASSOCIATION (Formerly known as The Western Maharashtra tax Practitioners’ Association) Yadav Vyapar Bhavan, Shivaji Road, 602, Shukrawar Peth, Pune 411 002 Call for GST...
-
CS Recognised under SEBI (ICDR) (Amendment) Regulations, 2022
The Institute of Company Secretaries of India 17th January, 2022 Dear Professional Colleague, Subject: New Recognition to Company Secretary under the SEBI (Issue of Capital and Disclosure Requirements...
-
CBDT notifies E-advance rulings Scheme, 2022
vide Notification No. 07/2022-Income Tax Dated: 18th January, 2022. E-advance rulings Scheme, 2022 shall be applicable to applications of advance rulings,– (a) made to the Board for Advance Rulings un...
-
Computation of capital gains, not exempt under Section 10(10D)
CBDT vide Notification No. 8/2022-Income tax notifies Rule 8AD Computation of capital gains for the purposes of sub-section (1B) of section 45 i.e. Computation of capital gains, not exempt under Secti...
-
81 Union Budget 2021-22 Provisions implemented by Government
1. Incentives for Start-ups Eligibility for claiming tax holiday extended for start-ups incorporated till 31.03.22. Threshold limit for eligible start-ups was earlier raised to Rs 100cr. from Rs 25cr....
-
Draft Valuation Standard 304 – Valuation of Assets in Extractive Industries
Valuation Standards Board The Institute of Chartered Accountants of India 18th January, 2022 ANNOUNCEMENT Request to give comments on the Exposure Draft of ICAI Valuation Standard-304 “Valuation of As...
-
72 Union Budget 2021-22 Provisions implemented by Government
1. Incentives for Start-ups Eligibility for claiming tax holiday extended for start-ups incorporated till 31.03.22. Threshold limit for eligible start-ups was earlier raised to Rs 100cr. from Rs 25cr....
-
Bombay HC to impose heavy cost on lawyers if they Get Non-Urgent Matters Listed
Bombay High Court 14th January 2022 NOTICE It is found that taking undue advantage of the previous Notice, by which parties’ Advocates were permitted to indicate the date of listing without mentioning...
-
Exposure Draft of Guidance Note on Audit of Banks, 2022 edition
issued by the Auditing and Assurance Standards Board As you may be aware that every year the Auditing and Assurance Standards Board of the ICAI brings out the publication ‘Guidance Note on Audit of Ba...
-
Implementation Guide to Standard on Auditing (SA) 210), Agreeing the Terms of Audit Engagements
An auditing standard is a form of the current best practices applicable in an audit engagement, which sets a minimum level of technical proficiency in order to ensure that the work done is of high qua...
-
Implementation Guide to Standard on Auditing (SA) 560 Subsequent Events
Standards on Auditing prescribe the fundamental principles of audit to be followed by auditors in their audit engagements. It is essential that auditors must understand and implement these Standards a...
-
Income Tax Department conducts search & seizure in Haryana
Income Tax Department conducts search and seizure operations in Haryana The Income Tax Department had conducted a search and seizure operations on a diversified business group engaged in the manufactu...
-
Clarify whether currency notes carry corona virus or not: CAIT writes to Govt
Confederation of All India Traders (CAIT) writes Health Minister for its clarification whether the currency notes carry corona virus or not. They also urges Government to use polymer currency notes to...
-
Lok Adalat emerges as most efficacious tool of Alternative Dispute Resolution
Emergence of Lok Adalat as the most efficacious tool of Alternative Dispute Resolution A total number of 1,27,87,329 cases were disposed off in 2021 Due to technological advancement like E-Lok Adalats...