The Ministry of Corporate Affairs (MCA) has issued a notification (Companies (Accounts) Amendment Rules, 2021), that every company which uses accounting software for maintaining its books of account shall use only the accounting software where there is a feature of recording audit trail of each and every transaction, and further creating an edit log of […]
This post contains Pass Percentage & Topper List for Chartered Accountants Intermediate ( IPC) Examination- Old Course held in January, 2021 and Chartered Accountants Intermediate Examination- New Course held in January, 2021. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) Public Relations Committee The Institute of Chartered Accountants of […]
Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of Rs 9 crore (approx). The operation involved floating of multiple firms with the intent to avail/utilize & passing on of inadmissible credit.
CBI ARRESTS A SUPERINTENDENT OF CGST AND THREE PRIVATE PERSONS IN A BRIBERY CASE; RECOVERS Rs. 12 LAKH ALLEGED BRIBERY AMOUNT AND Rs. 30 LAKH (APPROX.) DURING SEARCHES Press Release | Dated: 26.03.2021 The Central Bureau of Investigation has arrested a Superintendent, CGST, Mumbai South, Air India Building, Nariman Point, Mumbai (Maharashtra) and three private […]
Students who have passed CA Final Examination and eligible to become Chartered Accountants can take the benefit of applying for Membership immediately and opt for Membership to be effective from 1st April, 2021. If opted, the fee paid by them till 31st March, 2021 would be treated for the year 2021-22.
Results of the Chartered Accountants Intermediate Examination (Old course & New Course) held in January 2021 declared Examination Department The Institute of Chartered Accountants of India 26th March, 2021 Results of the Chartered Accountants Intermediate Examination (Old course & New Course) held in January 2021 declared. icaiexam.icai.org caresults.icai.org icai.nic.in ************ Results of The Chartered Accountants […]
The officers of CGST Delhi North Commissionerate upon data analysis and gathering of intelligence zeroed in on Shri Krishan Kumar who was involved in creating and operating fake firms using identification documents of his friends/employees.
Performance Audit Report No. 16 of The Comptroller & Auditor General of India on ‘Assessment of Co-operative Societies and Co-operative Banks’ was laid on the floor of the Parliament here today. The PA was carried out from March 2019 to September 2019 and findings were discussed with the Central Board of Direct Taxes (CBDT) in July 2020.
The Compliance Audit Report No. 17 of 2020 of the Comptroller and Auditor General of India on Department of Revenue – Customs and Director General of Foreign Trade under Ministry of Commerce and Industry, for the year ended 31 March 2019 was presented in Parliament here today.
Absence of adequate controls, risk of claiming refund on unverified ITC and deficiencies in integration of GST Portal with the Indian Customs EDI Systems (ICES) application for IGST refund on export of goods resulted in following deficiencies in Refund module:
