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ICMAI Draft Guidance Note on Inventory Valuation under Income Tax Act

March 5, 2024 1140 Views 0 comment Print

Explore the newly released Exposure Draft by ICMAI on Inventory Valuation under the Income Tax Act. Provide your feedback before the finalization deadline on 18th March 2024.

Last date to file ITR-U for A.Y. 2021-22 (F.Y. 2020-21) is 31.03.2024

March 4, 2024 7281 Views 0 comment Print

Department urges taxpayers, to view their AIS through e-filing portal and file updated ITRs (ITR-U), wherever necessary. Eligible non-filers can also file their ITR-U. Last date for filing ITR-U for A.Y. 2021-22 (i.e. for F.Y. 2020-21) is 31.03.2024.

Live Course: Statutory Bank Branch Audits – Detailed Practical Analysis

March 4, 2024 4269 Views 0 comment Print

Unlock the secrets of statutory bank branch audits in our live course! Dive deep into regulatory insights, practical techniques, and real-world scenarios.

Electronic Cash Ledger (ECL) Implementation for Courier Imports, Effective March 1, 2024

March 2, 2024 1524 Views 0 comment Print

Ministry of Finance has announced implementation of Electronic Cash Ledger (ECL) for payment of import duties on goods imported through Courier Mode, effective from March 1st, 2024.

Paytm Payments Bank Fined Rs. 5.49 Crore by FIU-IND for PMLA Violations

March 2, 2024 906 Views 0 comment Print

FIU-IND imposes a penalty of Rs. 5.49 Cr on Paytm Payments Bank for PMLA breaches related to illegal activities. Details of the investigation and consequences.

Ministry of Finance: ₹1.68 Trillion GST Collection Surpasses Expectations

March 2, 2024 5028 Views 0 comment Print

February 2024 witnesses robust growth in GST revenue, with ₹1.68 trillion collected, marking a 12.5% increase YoY. Explore detailed analysis and state-wise breakdown.

ICAI Extends Last Date for Empanelment as CA Examination Observers

March 2, 2024 1110 Views 0 comment Print

Important announcement from the Institute of Chartered Accountants of India: Extension of last date for online empanelment of observers for May/June 2024 exams until 15th March 2024.

Practical Training for Company Secretary Students with Rashtriya Ispat Nigam – Stipend of ₹20,000 PM

March 2, 2024 633 Views 0 comment Print

Explore Rashtriya Ispat Nigam Limiteds training opportunity for aspiring Company Secretaries. Learn about eligibility, stipend, and the application process.

ICAI President’s Vision: Charting a Course for Future Growth

March 2, 2024 798 Views 0 comment Print

Dive into the March 2024 message by CA. Ranjeet Kumar Agarwal, the 72nd President of ICAI. Explore insights on technology, gender equality, and the roadmap for a $30 trillion economy.

Arbitrary issue of GST Show Cause Notices for 2017-18 & 2018-19: STBA

March 2, 2024 6801 Views 0 comment Print

Sales Tax Bar Association protests against arbitrary tax demands and operational inefficiencies, urging swift action for fair treatment of taxpayers.

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