ICAI releases E-Book on Statutory Compliance Calendar of Limited Liability Partnership as per LLP Act, 2008 and Rules thereunder The Parliament of India enacted the Limited Liability Partnership (LLP) Act, 2008 to introduce a special corporate business vehicle that allows its members to have the flexibility of organising their internal structure as a partnership and […]
So far, concealment of income amounting to more than Rs. 450 crore has been detected. The assessee has made an admission of undisclosed income amounting to Rs. 105 crore. The search action has resulted in seizure of unaccounted cash of Rs.1.58 crore.
The Standard on Quality Control (SQC) deals with a firm’s responsibilities for its system of quality control for audits and reviews of cost statements, cost records and other related documents, and other assurance and related services engagements and applies to all firms of Cost Accountants.
Direct Taxes Professionals’ Association has Requested FM for extension of validity of LLP settlement scheme, 2020, companies fresh start scheme, 2020 and scheme for relaxation of time for filing forms related to creation or modification of charges. It requested that all the deadlines of ROC compliances be extended to 31st March, 2021 or the scheme […]
For Taxpayers (with aggregate Annual Turnover more than 5 Crore during the FY 2020-21)- 6 Digits of HSN Code for Goods and Services to be mentioned mandatorily in all Tax Invoices. For Taxpayers (with aggregate Annual Turnover up to 5 Crore during the FY 2020-21)- 4 Digits of HSN Code for Goods and m Services to be mentioned mandatorily in B2B Tax Invoices- 4 Digits of HSN Code for Goods and Services to be mentioned on optional bases in B2C Tax Invoices
The Institute of Chartered Accountants of India through its Financial Review Reporting Board (ICAI-FRRB) is gearing up for another milestone towards technological advancement by way of utilising Artificial Intelligence (AI) to systematically identify the non-compliances in financial statements to make the review process more robust.
India’s overall exports (Merchandise and Services combined) in April-December2020-21* are estimated to be USD 348.49Billion, exhibiting a negative growth of (-)12.65per cent over the same period last year. Overall imports in April-December 2020-21* are estimated to be USD 343.27Billion, exhibiting a negative growth of (-) 25.86per cent over the same period last year.
Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021 Companies Fresh Start Scheme, 2020 was a scheme which given a chance to enable companies to make good of any filing-related defaults, irrespective of the duration of default, and make a fresh start as a fully compliant entity. Companies Fresh Start Scheme, […]
A comparative fact-sheet for both the vaccines that will be used during the introduction have been prepared which contains information on vaccine platform, physical specifications, dosage, cold chain storage requirements, contraindications and minor AEFIs. A detailed note on contradistinctions and special precautions has also been prepared and is enclosed.
The Result of CS Executive Entrance Test (CSEET) held on 9th and 10th January, 2021 would be declared on Monday, the 18th January, 2021 at 2:00 P.M. The result along with individual candidate’s subject-wise break-up of marks will be made available on the Institute’s website: www.icsi.edu
