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Number of students appeared in Optional Paper No. 6A to 6E of CA Final (New Course)

September 13, 2021 2406 Views 0 comment Print

Number of Students who appeared in Optional Paper No. 6A, 6B, 6C, 6D and 6E, from May, 2018 till January, 2021 attempt of CA Final (New Course) examinations The Institute of Chartered Accountants of India, has provided the statistics pertaining to the number of students who appeared in Optional Paper No. 6A, 6B, 6C, 6D […]

Pass Percentage in CA examination from May, 2018 till January, 2021 attempt

September 13, 2021 1836 Views 1 comment Print

The Institute of Chartered Accountants of India, has provided the statistics of candidates appeared, passed and their pass percentage in the CA examinations from May, 2018 till January, 2021 attempt, as against the following counts of information being sought under the Right to Information Act, 2005: 5. Provide the passing percentage along with the number […]

Extend time period for Holding of AGM due to COVID-19

September 12, 2021 12762 Views 0 comment Print

CAS requested that as a special case and to mitigate the hardships of Corporate and public at large the time period for holding Annual General Meeting (AGM) for the year ended 31/03/2021 be extended till 31st March 2022.

CA Foundation & Final July 2021 Exam Result on 13th September

September 10, 2021 16660 Views 0 comment Print

Results of the Chartered Accountants Final Examination(Old course & New Course) and Foundation Examination held in July 2021 are likely to be declared on Monday, the 13th September 2021(evening)/Tuesday the 14th September 2021. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] September 10, 2021 IMPORTANT ANNOUNCEMENT The results of […]

I-T Dept searches 3 Commission agent groups based in Punjab

September 10, 2021 819 Views 0 comment Print

The Income Tax Department conducted search and seizure operations on 08.09.2021 on three prominent Commission agent groups based in Punjab, covering many premises across Punjab & Haryana. These groups are also engaged in the business of running Steel Rolling Mill, cold storage, General Mills, Jewellery shop, Poultries, Rice Mills, Oil Mill, Flour Mill apart from the business of Commission Agents.

Income Tax Dept searches prominent business houses of Gujarat

September 10, 2021 774 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 08.09.2021 on a group based in Ahmedabad. The group is among one of the prominent business houses of Gujarat engaged primarily in the media and real estate sectors.

CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment

September 10, 2021 3384 Views 0 comment Print

Finance Act, 2021 has amended section 72A of the Income-tax Act, 1961 (the Act) to inter alia provide that in case of an amalgamation of a public sector company (PSU) which ceases to be a PSU (erstwhile public sector company), as part of strategic disinvestment, with one or more company or companies, then, subject to the conditions laid therein, the accumulated loss and the unabsorbed depreciation of the amalgamating company shall be deemed to be the loss, or as the case may be, allowance for unabsorbed depreciation of the amalgamated company for the previous year in which the amalgamation was effected.

Government Provides Big Boost to Exporters

September 9, 2021 954 Views 0 comment Print

Under the decisive leadership of Hon’ble Prime Minister Shri NarendraModi, Government of India has decided to budget Rs 56,027 crore in this Financial Year FY 21-22 itself in order to disburse all pending export incentives due to exporters. This amount includes claims relating to MEIS, SEIS, RoSL, RoSCTL, other scrip based schemes relating to earlier policies and the remission support for RoDTEP and RoSCTL for exports made in the 4th quarter of FY 20-21. Benefits would be disbursed to more than 45,000 exporters, out of which about 98% are small exporters in the MSME category.

Draft IRDAI (Insurance Information Bureau of India) Regulations, 2021

September 9, 2021 2787 Views 0 comment Print

Insurance Regulatory and Development Authority of India (Insurance Information Bureau of India) Regulations, 2021 In exercise of the powers conferred by clauses (e) and (f) of sub section (2) of section 14 of Insurance Regulatory and Development Authority

Customs & Central Excise inspector Imprisoned for Possession of DA

September 9, 2021 948 Views 0 comment Print

The Special Judge, CBI Cases, Ahmedabad (Gujarat) has sentenced Sh. Devender P. Sangwan, then Inspector of Customs & Central Excise, Surat (Gujarat) to undergo three years Rigorous Imprisonment with fine of Rs. 25,000/-. The Court has also ordered confiscation of Rs. 17,64,950/-+interest lying in FD with SBI and to be paid to the Government Exchequer.

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