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Introduction:-Delisting a security will primarily change the primary mode of transacting in such security from Recognised Stock Exchange (RSE) to Over The Counter (OTC). This is not a simple process a...

Ministry of FinanceWorld Bank and Government of India sign $750 million Agreement for Emergency Response Programme for Micro, Small, and Medium EnterprisesPosted On: 06 JUL 2020The World Bank and the...

In its notification on July 13, the Income Tax Department has allowed one-time relaxation to the taxpayers for such one- time relaxation for the taxpayers under the verification of tax-returns that ar...

Government of IndiaDepartment of RevenueMinistry of FinanceCentral Board of Direct Taxes PRESS RELEASENew Delhi, 13th July, 2020Income Tax Department carries out search and survey operations in Rajast...

CBDT has extended the due dates vide Notification No.35 /2020/ F. No. 370142/23/2020-TPL dated 24.06.2020Crux :-1) ITR for FY 2018-19 = 31st July 20202) ITR for FY 2019-20 = 30th Nov 20203) Tax Audit...

CBDT desires that all the work related to cleaning up of the tax demands and calculating the tax payable or refundable in respect of all eligible assesses under Vivad Se Vishwas Scheme is taken up on...

CBDT directs all CIT (Appeal) that appeals are required to be disposed of through e-appeal proceedings by sending the communication through the e-filing portal and or through emails only. it directs t...

To utilize the valuable information available to the department in the form of Tax Evasion Petitions (TEPs) and to prevent harassment of the taxpayers, Board has decided that they should be handled wi...

CBDT Chairman has instructed the department to Disposal of all pending applications as on 30.06.2020 for nil or lower deduction TDS/TCS certificates u/s 197 and 206C(9) by 31.08.2020 and dispose all F...

The Institute of Chartered Accountants of IndiaAccounting Standards BoardThe Institute of Chartered Accountants of India14th July, 2020ANNOUNCEMENTRelease of Educational Material on Ind AS 38, Intangi...

Dear Member,You need not worry about the lockdownTeam ICSI is always at your service. Reach us at http://support.icsi.eduCommon problems and their solutions when paying annual membership fees the PDF...

Dear Hon’ble President,ICAI New Delhi.Heartiest Congratulations for the Grand Virtual CA Day, 2020 celebration.Sir, I am sure you must have received my Happy CA Day Wishes to you through whatsup messa...

Blocked Input Tax Credit (ITC) on Construction Activities- Deterrence to Economic Development of the CountryGlobe is evidencing an unprecedented health hazard in the form of this pandemic. All economi...

On 26th June, the Central Board of Direct Taxes (CBDT) has made certain changes in Income Tax Rules vide Notification No. 38/2020-Income Tax related to Perquisites & Allowances to Taxpayer opting Lowe...

Ministry of FinanceGovernment has no proposal to merge two Boards created under the Central Boards of Revenue Act, 1963Posted On: 06 JUL 2020A news item has been published today in a leading newspaper...

I. e-VISA1Eligibility e-Visa is granted to a foreigner whose sole objective of visiting India is recreation, sight seeing, casual visit to meet friends or relatives, attending a short term yoga progra...

IntroductionSeveral queries have been raised about the type of Visas issued by India to foreigners for work related visits. It is clarified that basically there are two (2) types of work related Visas...

1. Timely lockdown saved lakhs of livesIn comparison to other countries across the globe, India is still in a very stable situation in the battle against Covid-19. Timely decisions and measures have p...

Report of the Committee of Experts to Examine the Need for An Institutional Framework for Regulation and Development of Valuation Professionals- VOLUME I – April 2020.Executive SummaryA Profession is...

MSME Registration, new and existing, through Udyam Registration Portal, w.e.f. 01.07.2020, as per notification dated 26.06.2020The Ministry of micro, small and medium enterprises vide its notification...