Company Law : The proposal to remove statutory audits for small companies risks eliminating independent financial scrutiny, potentially weakenin...
Income Tax : Section 119(2)(b) applications enable retirees to claim leave encashment exemption up to ₹25 lakh, condoning delays in filing re...
Income Tax : Explore significance of Rule 17AA from Finance Act, 2022, its impact on charitable institutions, compliance, and penalties for non...
Income Tax : Form 10B notified vide Notification No. 7/2023 dated 21st February 2023 is applicable from Assessment Year 2023-24 onwards i.e. fo...
CA, CS, CMA : Unlock the potential for Chartered Accountants in the field of mediation with the Mediation Act, 2023. Explore how CAs can leverag...
CA, CS, CMA : Application For Concurrent / Revenue Audit ( Year 2015-16 )- 1. Allahabad Bank invites applications in the under noted prescribed ...
CA, CS, CMA : As per CPE learning which is eligible for CPE credit for Unstructured Learning Activities(ULAs), the members are required to submi...
Income Tax : Under the new scheme Form 16/16A shall not be issued manually. A deductor shall download Form No. 16/16 A from the online system. ...
CA, CS, CMA : ICAI has expressed its serious concern to rename the ICWAI body to a name identical to Institute of Chartered Accountants of India...
CA, CS, CMA : Allocation of Banks and finalisation of Statutory Branch Auditors are in process. It is expected that the same shall be completed ...
Goods and Services Tax : Show cause notice was issued without scrutiny of the taxable value on which service tax was due from the appellant. He submitted t...
Income Tax : Sudha Garg Vs ITO (ITAT Delhi) The assessing officer made the assessment order u/s 147/143(3). The only issue involved in this app...
Under the new scheme Form 16/16A shall not be issued manually. A deductor shall download Form No. 16/16 A from the online system. The generation of firm 16/16A shall be based on the Form 26Q submitted by the Deductor. The tax credit shall be directly linked to the submission of TDS Returns. Every 16 /16A Form shall also have a unique Number and that number shall be used by the assessees for filling their returns.
ICAI has expressed its serious concern to rename the ICWAI body to a name identical to Institute of Chartered Accountants of India. The matter of renaming Institute of Cost & Works Accountants of India proposed to name Institute of Cost & Management Accountant of India has been resurfaced again because of sub-clause II of clause (i) of Section 3 of the Cost and Works Accountants (Amendment) Bill, 2010 (Bill No. XXVI of 2010).
Allocation of Banks and finalisation of Statutory Branch Auditors are in process. It is expected that the same shall be completed by the end of first week of March.As you know there are 26 public sector banks and like previous year Fifteen banks shall opt for autonomy .But in practical ,there will not be change of any policy as these Banks shall appoint the Branch Statutory Auditors by their own but they have to pick the auditors from the panel given by RBI.
