The Accounting Standards Board issues an Exposure Draft of International Tax Reform—Pillar Two Model Rules, proposing Amendments to AS 22 for deferred tax asset and liability recognition. Comment by August 25, 2023.
UDIN is a 17 digit system generated number which is used to verify the authenticity of documents attested / certified by a Company Secretary in Practice.
As per data shared by the Union Minister of State for Finance, Shri Pankaj Chaudhary, the majority (89%) of these notes were issued prior to March 2017. The volume and value of the ₹2000 banknotes have seen a gradual decrease since their peak in 2018.
Amid disruptive weather conditions, Tax Advocates Association Gujarat pleads for an extension of the Income Tax Return filing deadline from 31st July to 31st Aug 2023.
ONDC aims to democratize digital commerce, lower entry barriers, encourage new business models, and ensure inclusive growth in India’s e-commerce sector.
India’s IPR Policy Management framework encompasses eight types of intellectual property rights and ensures streamlined application and protection processes.
Directorate of Revenue Intelligence (DRI) seizes over 30 crore worth of smuggled high-end premium watches of foreign origin. Smuggler arrested under Customs Act.
CGST Commissionerate Agra exposes a massive fake ITC racket involving Rs.750 Crores transactions and Rs.134 Crores ITC. One arrest made, investigation ongoing.
Karnataka State Chartered Accountants Association addresses technical glitches in the ‘e-proceedings’ tab of the IT portal regarding non-display of recent notices.
Vijayawada Division’s Income Tax Department warns against false refund claims and wrongful deductions. Learn the consequences and rectify claims now.