Introduction Good health and good sense are two of life’s greatest blessings. The Indian Healthcare Industry is the largest producer for generics and now among of the major sectors with respect to revenue and to employment. The Pharma and Healthcare Industry has grown significantly and enjoys an important position in the global pharmaceuticals and medical […]
Representation to the Reserve Bank of India on Guidelines for Appointment of Statutory Central Auditors (SCAs)/ Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs) RBI/2021-22/25 – Ref. No. DoS. CO.ARG/SEC.01/08.91.001/2021-22 Dated April 27, 2021 About us Bombay Chartered Accountants’ Society (BCAS), Association of Chartered Accountants, Chennai, Chartered Accountants Association Ahmedabad, […]
The Government Respects the Right of Privacy and Has No Intention to Violate it When WhatsApp is Required to Disclose the Origin of a Particular Message Such Requirements are only in case when the message is required for Prevention, Investigation or Punishment of Very Serious Offences related to the sovereignty and integrity of India, the […]
CA IPC Under Old Scheme, Intermediate Under New Scheme, Final Under Old & New Scheme of May 2021 Exam shall now commence from Monday, 5th July, 2021 across the globe. The detailed Schedule / Notifications for the said Examinations will be announced shortly.
With reference to the Advance Ruling In re Aristo Bullion Pvt Ltd (GST AAR Gujarat), as ruled by the Gujarat Authority for Advance Ruling, the applicant cannot use the input tax credit balance available in the Electronic Credit ledger, from the purchase of inputs used for the outward supply of bullions, against the outward supply […]
This is an attempt to briefly discuss the provisions with regards to issuance of credit note in case of exempt supply and simultaneous reclaiming/reavailing of input tax credit under GST regime. Question: Taxpayer has entered into an arrangement for rendering of exempt supply of service to a government entity which has been notified as exempt […]
There has been chaos whether GST can be levied on vaccination for covid-19 by hospitals. To address this, let us try to analyze the below mentioned provisions in detail. Before we proceed, please note this article is not going to converse on applicability of GST on manufacturing of vaccine but we try to unfold whether […]
‘SEBI’ invites applications of eligible CA firms / companies (hereinafter referred to as ‘applicant’) for empanelment to take up assignments relating to forensic audit of financial statements of listed companies.
Arjuna (Fictional Character): Krishna, the CBDT has issued a circular on 20.5.2021 for extension of due dates for various returns and compliances under the Income Tax Act. Krishna, (Fictional Character): Arjuna, the time limits of various compliances have been extended to provide relief to taxpayers given the severe pandemic. Arjuna: Krishna, which due dates have […]
Announcement of Career Ascent for Experienced Chartered Accountants (1 year and above) 30th June 2021 Yet another initiative on the part of the Committee for Members in Industry & Business (CMI&B) in the form of potential opportunity for the Chartered Accountants to secure career advancement in the leading organizations! Change and advancement in career depend […]