The Income Tax Department carried out a search and seizure operation on 14.03.2022 on a popular chain of educational institutes, running several schools and colleges at multiple locations in India and abroad.
THE CHARTERED ACCOUNTANTS, THE COST AND WORKS ACCOUNTANTS AND THE COMPANY SECRETARIES (AMENDMENT) BILL, 2021
CBDT issues refunds of over Rs. 1,93,720 crore to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022.
It has been decided to extend the last date for online empanelment of members to act as observers at the examination centres for the chartered accountants’ examinations, May/June 2022, from 25th March 2022 to 31st March 2022.
359 cases resolved with realisable value of more than Rs 2 lakh crore for creditors
SFIO formed through a Government Resolution is an Investigating Agency under MCA, which was given statutory recognition under the Companies Act, 2013 (the Act)
As per the information provided by Insolvency and Bankruptcy Board of India, in the years 2020-21 and 2021-22 (upto 31st December, 2021), 538 and 522 cases, respectively, have been admitted into the CIRP under the IBC 2016
Cases pertaining to Vijay Mallya, Nirav Modi and Mehul Choksi who have defrauded Public Sector banks by siphoning off the funds through their companies which resulted in total loss of Rs. 22,585.83 crore to the public sector banks.
As informed by the National Credit Guarantee Trustee Company Limited, the agency which operates the ECLGS, as on 11.3.2022, a total of 117.87 lakh businesses have been supported
ICAI on Tuesday announced a series of initiatives aimed at further enhancing its mission of being a true partner in nation-building, empowering students and upholding "Independence, Integrity and Excellence" of the Chartered Accountancy profession.