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Archive: 20 September 2024

Posts in 20 September 2024

ICAI raises Concerns on SA 600 Revision Process

September 20, 2024 918 Views 0 comment Print

ICAI raises concerns about SA 600 vs. ISA 600 revision process, urges pause for stakeholder review to ensure public interest and professional integrity.

Time Table for January 2025 CA Foundation & Intermediate Exam

September 20, 2024 3066 Views 0 comment Print

Institute of Chartered Accountants of India (ICAI) has announced the schedule for the January 2025 Chartered Accountants Foundation and Intermediate Examinations, as per Regulation 22 of the Chartered Accountants Regulations, 1988.

Amendment Proposal: SEBI LODR Regulations on Dividend Payments

September 20, 2024 864 Views 0 comment Print

SEBI seeks public comments on proposed amendment for electronic-only payments of dividends, interest, and redemptions. Deadline: October 11, 2024.

RBI Extends Interest Equalization Scheme for Rupee Export Credit

September 20, 2024 636 Views 0 comment Print

The RBI has extended the Interest Equalization Scheme for rupee export credit to September 30, 2024, with updated caps for MSME and non-MSME exporters.

Caution to Public – Dealing with unregistered Broker Dealers in IFSC

September 20, 2024 357 Views 0 comment Print

IFSCA warns the public about unregistered Broker Dealers in GIFT-IFSC offering high returns. Verify registration before making investments.

DFS Advances Digital Payments in India and Globally

September 20, 2024 219 Views 0 comment Print

Digital payments in India surged to 18,737 crore transactions in FY 2023-24, with UPI expanding to seven countries, enhancing financial inclusion.

No Refund Benefit Under Inverted Duty for Non-Edible Neem Oil Manufacturing

September 20, 2024 549 Views 0 comment Print

The AAR ruled that non-edible neem oil, classified under HSN 1515, cannot claim GST refunds under the Inverted Duty Structure.

GST Demand Order cannot be passed without issuance of SCN: Himachal HC

September 20, 2024 606 Views 0 comment Print

Himachal Pradesh High Court ruled that demand orders cannot be issued without a prior Show Cause Notice, ensuring compliance with legal procedures.

Corporate Guarantees In GST

September 20, 2024 6087 Views 0 comment Print

Corporate guarantees are taxable under GST. Learn about valuation, eligibility for input tax credit, and recent CBIC clarifications regarding corporate guarantees.

Interest Mandatory on Refundable Pre-Deposit of Appeal, Regardless of Claim

September 20, 2024 1152 Views 0 comment Print

The CESTAT ruled that interest on refundable pre-deposits is mandatory, regardless of whether it’s claimed, in the India Yamaha Motor Pvt. Ltd. case.

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