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ICAI releases Mock Test Papers Series-II for CA Nov 22 Exams

   01 October 2022 at 08:40

Board of Studies of ICAI is commencing Mock Test Papers Series-II from October, 12 2022 for students appearing in CA Intermediate & Final for November 2022 examination.

Posted in Students  1 comments |   10731 Views


Benefit of extended time limit to avail ITC till 30th Nov is applicable for FY 2021-2022 as well

   01 October 2022 at 08:40

CBIC helpdesk clarifies that benefit of extended time limit to avail ITC till 30th Nov is applicable for FY 2021-2022 as well

Posted in GST |   8778 Views


CBDT extends due date for filing audit for AY 22-23 to 7th Oct

   01 October 2022 at 06:25

CBDT has decided to extend the Due date for the A.Y 2022-23 which was 30th Sep 2022 till 7th Oct 2022

Posted in Income Tax  1 comments |   12939 Views


RBI hikes repo rate by 50 basis points to 5.90%

   30 September 2022 at 13:34

Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.90 per cent with immediate effect

Posted in Others |   3285 Views


Code of Ethics relating to Fees - Relative Size and tax services to Audit Clients will be applicable from 1st Oct

   30 September 2022 at 08:49

The Council at its 413th meeting held in August, 2022 decided the deferred provisions contained in Volume-I of Code of Ethics, 2019 will be made applicable from 1st October 2022 with certain amendments

Posted in Professional Resource  1 comments |   19137 Views


Application for recomputation of income u/s 155 (18)

   30 September 2022 at 08:49

In exercise of the powers conferred by section 295 read with sub-section (18) of section 155 of the Income-tax Act, 1961, CBDT makes rules further to amend the Income-tax Rules, 1962

Posted in Income Tax |   5502 Views


GST fraud worth Rs 824 crore by 15 insurance companies detected

   30 September 2022 at 08:49

The Mumbai branch of the Directorate General of Goods and Services Tax (GST) Intelligence has detected tax evasion of ₹824 crore by 15 insurance companies, intermediary marketing companies and multiple non-banking finance companies.

Posted in GST |   4482 Views


Clarification in operation of Senior Citizens' Savings Scheme

   30 September 2022 at 08:49

In the operation of Senior Citizens’ Savings Scheme (SCSS), it has been noticed in few cases on the death of the account holder, operating agencies are closing the SCSS account by treating it as premature closure.

Posted in Others |   1518 Views


CGST (Second Amendment) Rules 2022 to come into force w.e.f. 1st October 2022

   29 September 2022 at 10:30

Central Govemment, on the recommendations of the Council, hereby makes rules further to amend the Central Goods and Services Tax Rules, 2017

Posted in GST |   13275 Views


CBIC extends the time limit for claiming ITC to 30th Nov

   29 September 2022 at 08:50

Central Government appoints the 1st day of October, 2022, as the date on which the provisions of sections 100 to 114, except clause (c) of section 110 and section 111, of the said Act shall come into force

Posted in GST  8 comments |   17472 Views



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