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ICAI Reopens Exam Application for CA November 2024

September 9, 2024 870 Views 0 comment Print

ICAI reopens online application for CA Final & PQC exams from Sep 11-12, 2024, with a late fee. Apply now to meet the new timeline requirements.

Rotary Parking System Construction Deemed Immovable Property, ITC Ineligible: AAAR Tamil Nadu

September 8, 2024 1401 Views 0 comment Print

AAAR held that ‘rotary parking system’, installed and commissioned at premises of appellant amounts to construction of an immovable property, whereby input tax credit on the purchase of ‘rotary parking system’, by appellant becomes ineligible under Section 17(5)(d) of CGST/TNGST Acts, 2017.

Empanelment of CA Firms for Concurrent Audit with H.P. State Cooperative Bank Ltd.

September 7, 2024 2025 Views 0 comment Print

Apply by 16.09.2024 for empanelment as Concurrent Auditors of The H.P. State Cooperative Bank Ltd. for FY 2024-25. Selection criteria and details inside.

Working Paper on Household Savings through Indian Securities Market

September 7, 2024 834 Views 0 comment Print

A working paper highlights the need to revise the methodology for computing household savings in India securities market. Changes proposed for better accuracy.

Govt Rescinds notification No. 26/2011-Customs, dated 1st March, 2011

September 6, 2024 828 Views 0 comment Print

Ministry of Finance rescinds 2011 Customs Notification No. 26/2011, effective from 7th September 2024, under powers of the Customs Act, 1962.

SBI Life Insurance penalised & cautioned for selling products after withdrawal & violation of web aggregator outsourcing rules

September 6, 2024 1059 Views 0 comment Print

IRDAI issues an order to SBI Life Insurance for violations found during an inspection, including governance lapses, claim repudiation, and compliance issues.

CA Lavitha Shetty Penalized for Incomplete Information Submission

September 6, 2024 1779 Views 0 comment Print

NFRA imposes Rs 1 lakh penalty on CA Lavitha Shetty for failing to submit complete information on audit revenue from related parties during MACEL audit proceedings.

IRDAI Circular on Subscribers to Other Forms of Capital

September 6, 2024 1101 Views 0 comment Print

IRDAI updates capital subscription rules for insurers under 2024 regulations. New entities eligible to subscribe are specified in the circular dated 6th September 2024.

Customs Adjudicating Authorities Appointed – Notification No. 59/2024-Customs (N.T.)

September 5, 2024 615 Views 0 comment Print

CBIC appoints adjudicating authorities for specific customs cases under Notification No. 59/2024 dated 5th September 2024. Effective from publication date.

Disclosure of Issue Proceeds for NSE EMERGE Entities

September 5, 2024 1005 Views 0 comment Print

Listed entities on NSE EMERGE must submit auditor-certified issue proceeds utilization reports with financial results. Compliance effective from April 2023.

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