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Engagement of Consultant For Assistance In IFCFS with Bank of India

December 29, 2020 2238 Views 0 comment Print

Bank of India REQUEST FOR PROPOSAL (RFP) FOR ENGAGEMENT OF CONSULTANT FOR ASSISTANCE IN IMPLEMENTATION AND REVIEW OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO FINANCIAL STATEMENTS TENDER REFERENCE NO.: HO:FIN:AG:2020-21:239 DATED: DECEMBER 8, 2020 Issued by BANK OF INDIA FINANCE DEPARTMENT, HEAD OFFICE STAR HOUSE – I, C-5, G-BLOCK, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI […]

Beware of fake matrimonial alliances!

December 29, 2020 3132 Views 0 comment Print

Beware of fake matrimonial alliances! Indian Customs never calls or send message for paying duty in a personal bank account. All communication from Indian Customs contain a Document Identification Number (DIN) which can be verified online. SCAM ALERT Matrimonial Dating Scam! MATRIMONIAL MATCH BEWARE OF SUCH SCAMS! DON’T FALL PREY TO FRAUDULENT CALLS, SMS OR […]

Exposure Drafts of FAIS 250, 360, 370, 510, 520, 530 & 540

December 28, 2020 3219 Views 0 comment Print

Invitation of Comments on Exposure Drafts of Forensic Accounting and Investigation Standards(FAIS) – 250, 360, 370, 510, 520, 530 and 540 – (28-12-2020) Digital Accounting Assurance Board The Institute of Chartered Accountants of India 28th December, 2020 Announcement The Digital Accounting Assurance Board of The Institute of Chartered Accountants of India (ICAI) invites comments on […]

ICAI requests FM to extend Income Tax due dates immediately

December 28, 2020 173217 Views 40 comments Print

ICAI has sent a Humble reminder to FM to for immediate consideration of their   request(s) for extension of various due dates under Income-tax Act, 1961 especially Tax Audit Reports and related returns and Income Tax Return Forms for AY 2020-21. ICAI has also made an representation earlier on 13th December 2020. Full text of the […]

One-time Condonation Scheme to regularize UDINs

December 28, 2020 2475 Views 0 comment Print

As a One-time condonation scheme, to regularize the non-generation of UDIN, it has been decided that Members will be allowed to generate the earlier missed UDINs for the documents signed between 1st February 2019 to 31st December, 2020. The scheme will be made available from 1st January, 2021 till 31st January, 2021.

Extend Income Tax, GST, LLP, Company Law due dates

December 26, 2020 55167 Views 9 comments Print

BJP Economic Cell, Rajasthan  has requested Hon’ble Union Finance Mister to extend due dates of ITR for person (Non-Audit) (FY 2019-20), Tax Audit Reports (FY 2019-20), ITR for other persons (FY 2019-20), GST Annual Return GSTR9/9C/4 (FY 2018-19), GST Annual Return GSTR9/9C/4 (FY 2019-20), Vivad Se Vishwas Scheme, 2020, Companies Fresh Start Scheme. 2020 and […]

Extend Due date under GST and Income Tax

December 26, 2020 86277 Views 8 comments Print

Hyderabad Chartered Accountants’ Society has requested for extension of various due dates under Income-tax Act, 1961 for AY 2020-21 and for filing the Annual Reconciliation Statement (GSTR 9C) along with the annual return (GSTR 9) for financial years 2018-2019 & 2019-2020. Full text of their representation to finance minister is as follows:- Hyderabad Chartered Accountants’ […]

Income Tax Department conducts searches in Guwahati

December 26, 2020 777 Views 0 comment Print

Income Tax Department started a Search and Survey action on 22.12.2020 in the cases of three leading contractors of North Eastern India. One of the groups is also into Hospitality business. The Search and Survey actions are being carried out at 14 locations in Guwahati, Delhi, Silapathar and Pathsala (Assam).

CAT raises strong objections to Introduction of Section 86B

December 25, 2020 1596 Views 0 comment Print

Confederation of All India Traders Ref. No.: 3114/1/50 25th December,2020 Mrs Nirmala Seetharaman Hon’ble Minister for Finance Government of India New Delhi Dear Smt Nirmala Seetharamanp, Sub : Amendments in GST making it a complicated Taxation system With deep regret, we are constrained to bring it to your kind and urgent knowledge that recent notification […]

Extend due date for filing TAR/ITR/GSTR9/9A/9C

December 25, 2020 51909 Views 15 comments Print

All Odisha Tax Advocates Association made a Request for extension of due date for filing Tax Audit Reports (TARs), Income Tax Return (ITR) for the AY-2020-2021, statement under Vivad Se Vishwas Act, Audit and Annual Return (GSTR9, GSTR 9A, GSTR 9C)  under the GST Act. Full Text of their representation is as follows:- ALL ODISHA […]

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