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Pass percentage & Toppers of CA Final May 2022

July 16, 2022 25992 Views 0 comment Print

Declaration of Result of Chartered Accountants Final Examination held in May 2022 – Pass percentage & Toppers of CA Final May 2022 Public Relations Committee The Institute of Chartered Accountants of India 15th July, 2022 ICAI Press Release The Institute of Chartered Accountants of India (ICAI) today announced the result of Chartered Accountants Final Examination […]

Income Tax Department searches Pharmaceutical Group in Bengaluru

July 16, 2022 609 Views 0 comment Print

Income Tax Department conducts searches on a Pharmaceutical Group in Bengaluru Income Tax Department carried out search and seizure operations on 06.07.2022 on a major Bengaluru-based pharmaceutical group, engaged in the business of manufacturing and marketing of pharmaceutical products and Active Pharmaceutical Ingredients (API). The group has presence in over 50 countries. The search action […]

Income Tax Department searches two business groups in Tamil Nadu

July 16, 2022 543 Views 0 comment Print

Income Tax Department conducts searches two business groups in Tamil Nadu Income Tax Department carried out search and seizure operations on 06.07.2022 on two business groups of Tamil Nadu engaged in the business of Civil Contracts, Real Estate, Advertising etc. The search operations were carried out at more than 40 premises located in Chennai, Coimbatore […]

Guidance Note on Companies (Auditor’s Report) Order, 2020 (Revised 2022 Edition) 

July 16, 2022 57021 Views 0 comment Print

Guidance Note on the Companies (Auditor’s Report) Order, 2020 (CARO 2020) to provide detailed guidance on reporting requirements of CARO 2020

Income Tax Department conducts searches in Delhi and Mumbai

July 16, 2022 480 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 07.07.2022 on a Delhi and Mumbai based group, engaged in the business of hospitality, marble, lights trading and real estate. A total of 18 premises across Delhi, Mumbai and Daman were covered during the search action. During the course of the search operation, a […]

India’s overall exports (Merchandise and Services) grow by 23% in June

July 16, 2022 420 Views 0 comment Print

India’s overall exports (Merchandise and Services) grow by 23% in June; Exports growth in 1st quarter over 25%; Petroleum products, Electronic Goods, Textiles, Cereals, Leather products, Rice, Minerals, oil seeds, coffee and Gems & Jewellery record high exports growth during June INDIA’S FOREIGN TRADE: June 2022 India’s overall exports (Merchandise and Services combined) in June […]

CAIT request for clarification on GST on prepackaged & labelled goods

July 16, 2022 846 Views 0 comment Print

Important letter sent to Finance Minister, Smt. Nirmala Sitharaman requesting clarification on GST on prepackaged and labelled goods and also to defer the implementation of clauses in Notification No. 6/2022 and 07/2022-CGST (R) dated 13.07.2022 pertaining to prepackaged and labelled goods. Confederation of All India Traders “Vyapar Bhawan 925/1, Naiwala, Karol Bagh, New Delhi- 110005. […]

Comprehensive changes in FORM GSTR-3B

July 15, 2022 15699 Views 0 comment Print

Notice calling for suggestions, views, comments etc. from stakeholders on comprehensive changes in FORM GSTR-3B A proposal of comprehensive changes in FORM GSTR-3B was deliberated by the GST Council in its 47th meeting held at Chandigarh on 28th and 29th June 2022. The Council recommended that the said proposal may be placed in public domain […]

Brief note on ‘e-proceedings’ and ‘Faceless Assessment

July 14, 2022 9390 Views 1 comment Print

In assessment proceedings through the ‘e-Proceedings’ functionality, there is a seamless flow of letters, notices, questionnaires, orders etc. from Assessing Officer to assessees’ e-Filing account.

Income Tax Dept searches 2 real estate groups of Bengaluru & Hyderabad

July 14, 2022 879 Views 0 comment Print

Income Tax Department conducts searches on two real estate groups of Bengaluru and Hyderabad Income Tax Department carried out search and seizure operations on two leading real estate groups of Bengaluru and Hyderabad, engaged in the business of construction/sale/leasing of commercial/residential space, and educational and hospitality services. The search action covered more than 40 premises […]

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