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CA. Atul Kumar Gupta, President, ICAI elected as IFAC Board Member

December 21, 2020 2343 Views 0 comment Print

CA. Atul Kumar Gupta, President, The Institute of Chartered Accountants of India (ICAI) has been elected as the Board Member of International Federation of Accountants (IFAC) at the IFAC Council Meeting in November, 2020. CA. Gupta has been elected for a period of three years from November 2020 to November 2023.

Extend due dates for Income Tax Audit & Returns for AY 2020-21

December 21, 2020 253707 Views 86 comments Print

Emerging Businesses Chamber Of Commerce has made a representation to FM and Request for Extension of Due Dates for filing Tax Audit, Audit Reports under income Tax Act and ITR for Assessment Year 2020-21. Request was made in view of The Covid-19 Pandemic, Night Curfew and its effect on professional work, Ongoing Farmers Protest in […]

Special drive for Deemed Conveyance in Maharashtra

December 20, 2020 23946 Views 9 comments Print

All housing societies are requested to please note the detail of special drive for Deemed Conveyance which will take place from 1st Jan 2021 to 25th Jan 2021. A Deemed conveyance is a document executed to transfer the title of land and building in name of the housing societies. Conveyance is a process in which […]

How do I Open a Demat Account

December 20, 2020 930 Views 0 comment Print

You can obtain application form from any Depository Participant (DP) registered with Depository and SEBI. To identify the nearest DP available in your locality, you may obtain the contact details from Depository or SEBI Website (www.sebi.gov.in). The duly filled application form along with PAN Card and Proff of Address can be submitted to the DP. […]

Extend Income Tax & GST Audit/Return/Compliance dates

December 20, 2020 67758 Views 19 comments Print

Vyyapaar Mandal Association, Nagore & All India MSME and Tax Practitioners Association (AIMTPA) has made a representation to FM for Extension of Due date of GST Annual Returns F.Y. 2018-19 and 2019-20, and Income Tax Return & Tax Audits for A.Y. 2020-21 and compliance of Notices. Relevant Text of their Representation is as follows:- Dated: […]

Ignore prompt on liability for inward supplies attracting reverse charge in Table-3.1 (d)

December 19, 2020 1503 Views 0 comment Print

Ignore prompt on liability for inward supplies attracting reverse charge in Table-3.1 (d) The system has started providing auto-populated GSTR-3B on the basis of GSTR-1 & GSTR-2B from the tax period of November 2020 onwards. In this auto-populated GSTR-3B, liability on account of inward supplies attracting reverse charge auto-populated in Table-3.1(d) is also drawn from GSTR-2B of […]

Extend Due Dates for Tax Audit and Income Tax Return Filing

December 19, 2020 69474 Views 14 comments Print

Chartered Accountants Association, Jalandhar has made a representation to the FM and requested for extension of Due Dates for Tax Audi and Income Tax Return Filing for the Assessment Year 2020-21. Full text of the representation is as follows:- Chartered Accountants Association (C R Building, Model Town Road, Jalandhar) For correspondence care:- CA. Ashwani Jindal, […]

Request for extension of due dates of Tax Audit Reports/ITR

December 19, 2020 32703 Views 19 comments Print

All India Federation of Tax Practitioners (CZ) has requested CBDT that due date of filing return of income u/s 139(1) for all the assesses be suitably extended, to 28.02.2021,from the current extended due date of 31.12.2020 for AY 2020-21. Simultaneously, the ‘specified date’ for filing tax audit reports be extended from 31.12.2020 to 28.02.2021 as […]

First ever national E-Convocation of ICSI

December 19, 2020 1929 Views 0 comment Print

The Institute of Company Secretaries of India 19th December, 2020 First ever national E-Convocation of ICSI 1. The Institute plans to hold its first ever national E-Convocation in the first / second week of January, 2021 for awarding certificates to its Associate & Fellow members who have received their membership during the period from 01.10.2019 till […]

Frequently Asked Questions On COVID-19 Vaccine

December 19, 2020 966 Views 0 comment Print

Target Group: General Public Q.1 Is a COVID vaccine scheduled anytime soon? Ans: Yes, vaccine trials are under different stages of finalization. Government of India is geared to launch a vaccine for COVID 19 soon. For more information and updates visit www.mohfw.gov.in Q.2 Will COVID 19 vaccine be given to everyone simultaneously? Ans: Based on […]

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