Division-III to the Schedule III to the Companies Act, 2013 was first notified by the Ministry of Corporate Affairs (MCA) in October, 2018 for the NonBanking Financial Companies (NBFCs) that are required to comply with the Indian Accounting Standards (Ind AS) and therefore, the Institute of Chartered Accountants of India (ICAI) through its Corporate Laws […]
The Division I to the Schedule III of the Companies Act, 2013 lays down the format for preparation of the financial statements by the Companies that are required to comply with Companies (Accounting Standards), Rules, 2006, and has been amended by the Ministry of Corporate Affairs vide notification dated 11th October, 2018. The changes are […]
In recent years, climate change concerns and sustainable development have taken centre stage in global and national priorities. There has been a growing recognition of the significant financial and economic impacts of environmental, social and governance (ESG) risks across the globe, with many international bodies and financial regulators examining ESG-related issues including regulation and supervision.
Article contains Process Flow Steps In E-Filing 2.0 on New Income Tax Portal For all Audit Forms including Form 15CB and Form 10CCB and it also contains List of 22 Audit Reports and mode of Submission. A. PROCESS FLOW – For all Audit Forms except Form 15CB and Form 10CCB Steps Action by Action Description Step […]
Article contains FAQs on Tax Audit Report (Form 3CA-CB/ Form 3CB-CD), Form 10 B, Form 29B, Form 10DA, Form 56F, Form 10E, Form 10-IE, Form 67, Form 10BA, Form 35, Form 10-IC, Form 10-IB & Form 10-ID. Tax Audit Report (Form 3CA-CB/ Form 3CB-CD) FAQ 1: While submitting Form 3CB-3CD, “Unique Document Identification Number (UDIN)” […]
The officers of Bhiwandi Commissionerate of CGST Mumbai Zone have arrested a businessman was running a Fake GST Input Tax Credit racket. Acting on an intelligence from Central Intelligence Unit of Mumbai CGST Zone, the officers initiated coordinated action at different locations in Thane, Bhiwandi, Raigad and Mumbai and detected GST evasion of Rs 11.4 crores through generation and passing of fake ITC through intricate web of bogus billing of more than 63 Crores.
Exposing Amazon’s yet another brazen and blatant violation of Competition Act, the Confederation of All India Traders (CAIT) has today filed a strong complaint with the Competition Commission of India against Amazon committing the fraud for seeking and obtaining approval of CCI for its illegal takeover of More Retail’s stores in India.
गुजरात हाईकोर्ट की फटकार के बाद आयकर विभाग की निर्णायक संस्था सीबीडीटी ने एफिडेविट सबमिट कर आश्वासन दिया कि करदाता की जो भी पोर्टल संबंधित समस्या है, उसका तुरंत निराकरण किया जावेगा. इस हेतु सीबीडीटी ने सरकार की तरफ से ईमेल आईडी भी कोर्ट के सामने रखे, जिस पर करदाता शिकायत कर सकता है और […]
BJP Professional Cell, Mumbai has made a representation to Honorable Union Finance Minister and suggested 34 changes related to GST in Union Budget 2022 so that difficulties faced by Common GST Taxpayers can be removed. BJP Professional Cell, Mumbai Date: 21-01-2022 To, Smt. Nirmala Sitharaman Madam, Honorable Union Finance Minister Ministry of Finance, North Block, […]
In terms of Regulation 42 (2) of the Company Secretaries Regulations, 1982 as in force, a candidate may apply for ‘Verification of Marks’ in any subject(s) of CS examination within 21 days from the date of declaration of his/her result. The interested candidates can apply for verification of marks either through on-line or off-line mode as per prescribed procedure with requisite fee @ Rs. 250/- per subject.
