1. Automation of Drop Proceedings for taxpayers suspended upon issuance of SCN in Form GST REG-17 ♦ A taxpayer is suspended on the portal if they do not file six or more consecutive monthly returns /quarterly returns (QRMP) for two tax periods in Form GSTR 3B are issued with a system generated notice for cancellation […]
Income-tax Department, Mumbai intends to invite application from reputed Chartered Accountant firms/propreitary concerns for empanelment to carry out Special Audit u/s. 142(2A) of the I.T. Act, 1961 for the period 2023-24 and 2024-25.
STEP TO SUCCESS MODEL EXAM INSTRUCTIONS THE INSTITUTE OF COST ACCOUNTANTS OF INDIA MODEL EXAMINATION FOR FOUNDATION COURSE (Online Home – based) 7th – 10th JANUARY 2023 Date Time Examination 7th January 2023, SaturdayTo10th January 2023,Tuesday 10:00 AM – 10:25 AM Paper 1: Fundamentals of Economics and Management Paper 2: Fundamentals of Accounting 10:25 AM […]
1. Income Tax Department brings reforms for Cooperatives! Alternate Minimum Tax for cooperative societies reduced to 15% to bring them at par with companies. Reduction of Alternate Minimum tax rate for cooperatives Announcement Currently, cooperative societies are required to pay Alternate Minimum Tax at the rate of eighteen and one half per cent. However, companies […]
The HoF based online address update in Aadhaar will be of great help to the relative(s) of a resident–like children, spouse, parents etc, who don’t have supporting documents in their own name to update address in their Aadhaar.
ICAI being a prominent and world class educational institution actively works towards expanding the ecosystem for development of Commerce education in the country and to attract the best talent to the profession through Career Counselling, as also build the capacity and competency of the CA students through various interactive initiatives like CA Student Conferences.
The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods).
AIFTP appeal to Smt. Nirmala Sitharaman (Finance Minister) to direct the CBDT to direct the NFAC to hear the appeals expeditiously and effectively so that the tax payers will be able to get the finality on the tax dispute at the earliest. Also, considering the huge quantum of pendency, CBDT may be directed to frame […]
1: Not able to upload Form CHG-9 since many days. Please convert to PDF using Microsoft print to PDF facility. Save on your desktop with a simple name, check the file size to be below 2 MB and upload. The issue will be resolved. 2: Charge certificates are not generated. You may navigate to My […]
ICAI releases Applicable Study Material For May/ June 2023 Exams Foundation, Intermediate And Final Course