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BCI constitutes a committee to review Code of conduct for Advocates

July 3, 2021 1977 Views 0 comment Print

The Bar Council of India decides to constitute a committee to review its own Rules seeking to prohibit advocates from criticizing any court, judge, any member of the judiciary, state bar Council or the BCI. Says Rules to remain in abeyance till review committee submits report. Related Post : BCI notifies amendment in rules for […]

CBI Registers a Case against ITAT Member on Allegations of Possessing DA

July 3, 2021 1911 Views 0 comment Print

CBI Registers a Case against Accountant Member, Income Tax Appellate Tribunal (ITAT) on the Allegations of Possessing Disproportionate Assets (DA). CENTRAL BUREAU OF INVESTIGATION CBI Registers a Case against Accountant Member, Income Tax Appellate Tribunal on the Allegations of Possessing Disproportionate Assets Press Release Dated: 02.07.2021 The Central Bureau of Investigation has registered a case […]

Relaxations in Cost and Works Accountants Regulations, 1959

July 2, 2021 681 Views 0 comment Print

Relaxations in the Cost and Works Accountants Regulations, 1959 on matters relating to Regional Councils of the Institute for the year 2021 on account of acute pandemic situation arising out of outbreak of COVID-19

India joins OECD/G20 Inclusive Framework tax deal

July 2, 2021 675 Views 0 comment Print

Majority of the members OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting(including India)adoptedyesterday ahigh-level statement containing an outline of a consensus solution to address the tax challenges arising from the digitalisation of the economy.

PM greets Chartered Accountants on CA Day

July 2, 2021 1737 Views 0 comment Print

Greetings to all Chartered Accountants on CA Day. This community has a vital role in India’s progress. I call upon all CAs to keep the focus on excellence so that Indian firms emerge as one of the best globally.

ICAI further extends Last Date For Waiving-Off Condonation Fees

July 2, 2021 2343 Views 0 comment Print

Members & Students Services Directorate The Institute of Chartered Accountants of India 2nd July, 2021 Important Announcement Further extension of the last date for Waiving-off Condonation Fees due to late filing of various application forms related to Students and Articled Assistants, amidst COVID-19 Pandemic Amid the current situation arising out of Covid-19, it is observed […]

ICAI announces Opt Out option for July 2021 CA Exams

July 2, 2021 15981 Views 0 comment Print

An Examinee shall be entitled to exercise the option of opting out if he/she personally, or any of his/her family member (residing at the same premises), has suffered COVID-19 in the recent past i.e. on or after 15th April 2021 and the fact is so certified by a Registered Medical Practitioner,

BCI constitutes committee to consider changes in Advocates Protection Bill

July 2, 2021 861 Views 0 comment Print

The suggestions received in the office of Bar Council of India shall be duly considered by the Council and thereafter, the Council will consider about incorporation of necessary changes, if any. The final Advocates Protection Bill shall be sent to Hon’ble Minister for Law and Justice to table the same before the Parliament.

Additional time to Companies/LLPs to file forms without additional fees

July 2, 2021 1137 Views 0 comment Print

Additional time to Companies/LLPs to file forms without additional fees. vide its General Circular No. 11/2021 dated June 30, 2021,, has permitted additional time up to August 31, 2021 for Companies/LLPs to file forms (other than CHG-1, CHG-4 and CHG-9) which were/ are due for filing during April 01, 2021 to July 31, 2021 without […]

Major Initiatives taken in GST for facilitation of taxpayers in last 1 year

July 1, 2021 3411 Views 0 comment Print

GSTR-3B Return related measures Quarterly return monthly payment (QRMP) scheme > To reduce compliance burden of the smaller taxpayers having aggregate turnover upto Rs. 5 Crore, Quarterly Return and Monthly Payment (QRMP) Scheme has been introduced w.e.f. 01.01.2021, wherein the taxpayers can file their return in FORM GSTR-3B as well as outward supply statement in […]

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