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Board of Income Tax Advance Rulings Comes Into Effect From 1-9-2021
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 97/2021-Income Tax New Delhi, the 1st September, 2021 S.O. 3562(E).—In exercise of the powers conferred by...
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CBDT constitutes Boards for Advance Rulings at Delhi & Mumbai
Central Government hereby constitutes the Boards for Advance Rulings at Delhi and Mumbai for the purposes of giving advance rulings under Chapter XIX-B of Income Tax Act on or after the 1st day of Sep...
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ICAI President’s Message For September 2021
A few days back, the 75th Independence Day was celebrated across the nation with much ardour and pride. The Indian economy that was largely agrarian earlier can now boast of being the sixth-largest in...
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Exposure Draft of revised AS 36, Impairment of Assets
Accounting Standards Board The Institute of Chartered Accountants of India 31st August, 2021 Sub: Exposure Draft of Revised Accounting Standards for Public Comments The Indian Accounting Standards (In...
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GST Revenue collection for August 2021
Ministry of Finance GST Revenue collection for August 2021 ₹ 1,12,020 crore of gross GST revenue collected in August Posted On: 01 SEP 2021 1:18PM by PIB Delhi The gross GST revenue collected in the m...
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Rule 9D Calculation of taxable interest relating to PF contribution
CBDT notifies RULE 9D. Calculation of taxable interest relating to contribution in a provident fund or recognised provided fund, exceeding specified limit vide Notification No. 95/2021-Income Tax Date...
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Extension of dates under Direct Tax Vivad se Vishwas Act
Vide Notification No. 94/2021-Income Tax Dated: 31st August, 2021 CBDT under Direct Tax Vivad se Vishwas Act, 2020 extended the last date of payment of the amount (without any additional amount) to 30...
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RTI reveals CPC not maintains Statistical data of refunds, Grievances & ITR Processing
Smt. Julie has made an RTI to CPC of Income Tax Department and requested details of The number of pending refunds exceeding 90 lakhs, How much ITR not yet processed, How much time it will take to proc...
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Roll out E-Commerce Rules under Consumer Protection Act: CAIT
In a communication sent to Union Minister Shri Piyush Goyal, Confederation of All India Traders has demanded immediate implementation of the E-commerce Rules under Consumer Protection Act,before the f...
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NFRA flags lapses in 2017-18 statutory audit of JP Associates
Audit Quality Review (AQR) Report in respect of Statutory Audit done by Rajendra K Goel & Co.(Firm Reg No 001457N) of Jaiprakash Associates Ltd (JAL) for FY 2017-18. NATIONAL FINANCIAL REPORTING AUTHO...
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FDI equity inflow grows by 168% in first 3 months of F.Y. 2021-22
Ministry of Commerce & Industry FDI equity inflow grows by 168% in the first three months of F.Y. 2021-22 (US$ 17.57 billion) compared to the same corresponding period last year (US$ 6.56 billion) Ads...
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Total RuPay cards issued to PMJDY accountholders: 31.23 Crore
Ministry of Finance Pradhan Mantri Jan-Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes seven years of successful implementation Ads by More than 43.04 crore beneficiaries ban...
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No outages in Aadhaar – PAN/EPFO linking facility: UIDAI
Ministry of Electronics & IT There have been no outages in Aadhaar – PAN/EPFO linking facility: UIDAI Posted On: 28 AUG 2021 Unique Identification Authority of India (UIDAI) today said that all its se...
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Discussion Paper on Corporate Insolvency Resolution Process
Insolvency and Bankruptcy Board of India 27th August, 2021 Discussion Paper This discussion paper solicits comments on the following issues related to a corporate insolvency resolution process (CIRP)....
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Discussion Paper on Strengthening of Liquidation Process
Insolvency and Bankruptcy Board of India 27th August, 2021 Discussion Paper on “Strengthening Regulatory Framework of Liquidation Process” The first order objective of the Insolvency and Bankruptcy Co...
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Financial & Tax Literacy Drive, Sustainability & Capacity Building is focus of ICAI 73rd CAs’ Day celebrations
Public Relations Committee The Institute of Chartered Accountants of India 1st July, 2021 ICAI Press Release Financial & Tax Literacy Drive, Sustainability & Capacity Building is the focus of ICAI 73r...
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Representation on GST Questionnaire/Queries of Absurdness
Chartered Accountants Association, Surat has made a representation to CBIC Chairman and brought to his attention Questionnaire of Absurdness issued by Department, Bottlenecks in the present GST Regist...
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Notice for Customs Brokers Examination, 2022
GOVERNMENT OF INDIA MINISTRY OF FINANCE, DEPARTMENT OF REVENUE NATIONAL ACADEMY OF CUSTOMS, INDIRECT TAXES & NARCOTICS FARIDABAD 26th August 2021 1. Applications are invited from Indian citizens to ap...
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I-T searches in Maharashtra & Goa reveals Fake ITC & Bogus Purchases
Ministry of Finance Posted On: 28 AUG 2021 2:10PM by PIB Delhi The Income Tax Department carried out a search and seizure operation on 25.08.2021 on a group based in Maharashtra and Goa. The group is...
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Income Tax Department conducts searches in Visakhapatnam
Ministry of Finance Posted On: 27 AUG 2021 6:41PM by PIB Delhi The Income Tax Department carried out search and seizure operation on 25.08.2021 on a group based in Visakhapatnam at 17 different premis...