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Salient amendments in IBBI (Insolvency Professionals) Regulations, 2016

October 11, 2018 462 Views 0 comment Print

a. An insolvency professional shall pay to the Board, a fee calculated at the rate of 0.25 percent of the professional fee earned for the services rendered by him as an insolvency professional in the preceding financial year, on or before the 30thof April every year;

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2018

October 11, 2018 816 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2018.

Notification No. 76/2018 – Customs Dated:- 11/10/2018

October 11, 2018 3753 Views 0 comment Print

CBIC amends Notification No. 24/2005 dated 1st March, 2005 vide Notification No. 76/2018–Customs Dated; 11th October, 2018 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 76/2018 – Customs New Delhi, the 11th October, 2018 G.S.R. (E), In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 […]

Notification No. 74/2018–Customs Dated: 11/10/2018

October 11, 2018 4758 Views 0 comment Print

CBIC seeking to amend First Schedule of Customs Tariff Act, 1975 vide Notification No. 74/2018–Customs Dated; 11th October, 2018 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 74/2018–Customs New Delhi, the 11th October, 2018 G.S.R…..(E).- WHEREAS the Central Government on being satisfied that the import duty leviable on goods, falling under Chapter […]

Notice U/s. 143(2) not must if return not furnished in response to Notice U/s. 148

October 11, 2018 5649 Views 0 comment Print

PCIT v. M/S Broadway Shoe Co. (Jammu & Kashmir High Court) Admittedly in the instant case, the return was filed by the assessee after the time prescribed for filing return under Sections 139(1) and 139(4) had expired. Therefore, the return filed by the assessee has to be treated as non-est. The proceedings under Section 147 of […]

Mandatory Usage of UDIN by CAs w.e.f. 01.01.2019 to prevent forgery

October 11, 2018 2139 Views 0 comment Print

ICAI, as the regulator of accountancy profession, as a proactive step, has introduced Unique Document Identification Number (UDIN) and it will be mandatory for all practicing Chartered Accountants w.e.f. 1st January, 2019 to register all certificates issued by them with UDIN portal which can be verified by users/stakeholders.

Accounting Standard (AS) 40, Investments property- Draft

October 11, 2018 1464 Views 0 comment Print

Accounting Standard (AS) 40, Investments property shall be applied in the recognition, measurement and disclosure of investment property.

RFP for Due Diligence of Bank of Baroda, Dena Bank and Vijaya Bank

October 11, 2018 3585 Views 0 comment Print

REQUEST FOR PROPOSAL (RFP) FOR FINANCIAL AND TAX DUE DILIGENCE OF BANK OF BARODA, DENA BANK AND VIJAYA BANK FOR THE PROPOSED AMALGAMATION OF BANK OF BARODA, DENA BANK AND VIJAYA BANK We invite request for proposals from Chartered Accountant Firms/Groups for conducting financial and tax due diligence of Bank of Baroda, Dena Bank and […]

GST Practitioners Exam- Date for submitting Form extended

October 10, 2018 5061 Views 0 comment Print

Examination For Confirmation Of Enrollment Of GST Practitioners- The last date of registration which was previously 10th October 2018, is now extended upto 15th October 2018

Refund of Maharashtra Voluntary VAT Registration security deposit

October 10, 2018 30531 Views 1 comment Print

Grant of refunds of the amount deposited by way of security deposit of Rs. 25000 at the time of Voluntary Registration under MVAT Act, 2002.

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